For saleSingle family

$99,000

119 S Orient St

Fairmont MN 56031

3 beds, 1 bath, 1,779 sqft

119 S Orient St is a 3 beds, 1 bath, 1,779 sqft single family home for sale at $99,000 in Fairmont MN 56031. At 20% down it rents for an estimated $1,000/mo and returns $306/mo a month at a 10.2% 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
$1,000/mo
Monthly cash flow
$306/mo
Cap rate
10.2%
Cash-on-cash
18.5%
Max offer
$99,000

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

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