For saleSingle family
$179,000
1303 Tilden St
Fairmont MN 56031
2 beds, 2 baths, 2,520 sqft
1303 Tilden St is a 2 beds, 2 baths, 2,520 sqft single family home for sale at $179,000 in Fairmont MN 56031. At 20% down it rents for an estimated $825/mo and returns -$453/mo a month at a 3.6% 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
- $825/mo
- Monthly cash flow
- -$453/mo
- Cap rate
- 3.6%
- Cash-on-cash
- -15.2%
- Max offer
- $97,500
Offer ≤ $97,500 (46% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading