For saleSingle family
$375,000
18166 Faribault Blvd
Faribault MN 55021
6 beds, 2 baths, 2,800 sqft
18166 Faribault Blvd is a 6 beds, 2 baths, 2,800 sqft single family home for sale at $375,000 in Faribault MN 55021. At 20% down it rents for an estimated $1,550/mo and returns -$1,127/mo a month at a 3.1% 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
- $1,550/mo
- Monthly cash flow
- -$1,127/mo
- Cap rate
- 3.1%
- Cash-on-cash
- -18.0%
- Max offer
- $184,000
Offer ≤ $184,000 (51% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading