For saleSingle family
$220,000
303 12th Ave SE
Faribault MN 55021
4 beds, 2 baths, 1,360 sqft
303 12th Ave SE is a 4 beds, 2 baths, 1,360 sqft single family home for sale at $220,000 in Faribault MN 55021. At 20% down it rents for an estimated $2,525/mo and returns $982/mo a month at a 11.9% 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
- $2,525/mo
- Monthly cash flow
- $982/mo
- Cap rate
- 11.9%
- Cash-on-cash
- 26.8%
- Max offer
- $220,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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