For saleSingle family
$125,900
907 2nd Ave NW
Faribault MN 55021
3 beds, 1.5 baths, 1,560 sqft
907 2nd Ave NW is a 3 beds, 1.5 baths, 1,560 sqft single family home for sale at $125,900 in Faribault MN 55021. At 20% down it rents for an estimated $1,600/mo and returns $701/mo a month at a 13.4% cap rate.
The deal math
Modelled at 20% down on a 30-year loan at current market rates, before management, vacancy and maintenance reserves.
- Estimated rent
- $1,600/mo
- Monthly cash flow
- $701/mo
- Cap rate
- 13.4%
- Cash-on-cash
- 33.4%
- Max offer
- $125,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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