For saleSingle family
$119,900
3 2nd St SW
Faribault MN 55021
4 beds, 2 baths, 1,670 sqft
3 2nd St SW is a 4 beds, 2 baths, 1,670 sqft single family home for sale at $119,900 in Faribault MN 55021. At 20% down it rents for an estimated $2,225/mo and returns $1,384/mo a month at a 20.4% 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
- $2,225/mo
- Monthly cash flow
- $1,384/mo
- Cap rate
- 20.4%
- Cash-on-cash
- 69.3%
- Max offer
- $119,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.