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 $925/mo and returns $218/mo a month at a 9.3% 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
- $218/mo
- Cap rate
- 9.3%
- Cash-on-cash
- 13.2%
- Max offer
- $99,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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