For saleSingle family
$179,900
805 1st St SW
Faribault MN 55021
3 beds, 1 bath, 1,582 sqft
805 1st St SW is a 3 beds, 1 bath, 1,582 sqft single family home for sale at $179,900 in Faribault MN 55021. At 20% down it rents for an estimated $1,600/mo and returns $316/mo a month at a 8.8% 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
- $1,600/mo
- Monthly cash flow
- $316/mo
- Cap rate
- 8.8%
- Cash-on-cash
- 10.5%
- Max offer
- $179,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading