For saleSingle family
$129,900
523 N Hampton St
Fairmont MN 56031
3 beds, 1 bath, 1,300 sqft
523 N Hampton St is a 3 beds, 1 bath, 1,300 sqft single family home for sale at $129,900 in Fairmont MN 56031. At 20% down it rents for an estimated $925/mo and returns -$2/mo a month at a 6.6% 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
- $925/mo
- Monthly cash flow
- -$2/mo
- Cap rate
- 6.6%
- Cash-on-cash
- -0.1%
- Max offer
- $109,000
Offer ≤ $109,000 (16% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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