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 $1,800/mo and returns $328/mo a month at a 8.4% 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
$1,800/mo
Monthly cash flow
$328/mo
Cap rate
8.4%
Cash-on-cash
9.4%
Max offer
$209,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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