For saleSingle family
$209,900
227 5th Ave NE
Faribault MN 55021
3 beds, 1 bath, 1,037 sqft
227 5th Ave NE is a 3 beds, 1 bath, 1,037 sqft single family home for sale at $209,900 in Faribault MN 55021. At 20% down it rents for an estimated $1,600/mo and returns $102/mo a month at a 7.2% 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
- $102/mo
- Cap rate
- 7.2%
- Cash-on-cash
- 2.9%
- Max offer
- $188,500
Offer ≤ $188,500 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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