For saleSingle family
$44,000
413 Budd St
Fairmont MN 56031
4 beds, 1 bath, 1,232 sqft
413 Budd St is a 4 beds, 1 bath, 1,232 sqft single family home for sale at $44,000 in Fairmont MN 56031. At 20% down it rents for an estimated $1,025/mo and returns $716/mo a month at a 26.1% 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
- $1,025/mo
- Monthly cash flow
- $716/mo
- Cap rate
- 26.1%
- Cash-on-cash
- 97.7%
- Max offer
- $44,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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