For saleSingle family
$169,900
932 3rd Ave NW
Faribault MN 55021
4 beds, 2 baths, 2,051 sqft
932 3rd Ave NW is a 4 beds, 2 baths, 2,051 sqft single family home for sale at $169,900 in Faribault MN 55021. At 20% down it rents for an estimated $1,500/mo and returns $287/mo a month at a 8.7% 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
- $1,500/mo
- Monthly cash flow
- $287/mo
- Cap rate
- 8.7%
- Cash-on-cash
- 10.1%
- Max offer
- $169,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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