For saleSingle family
$398,900
17200 Fieldcrest Ave
Farmington MN 55024
5 beds, 3 baths, 2,076 sqft
17200 Fieldcrest Ave is a 5 beds, 3 baths, 2,076 sqft single family home for sale at $398,900 in Farmington MN 55024. At 20% down it rents for an estimated $3,275/mo and returns $427/mo a month at a 8.0% 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
- $3,275/mo
- Monthly cash flow
- $427/mo
- Cap rate
- 8.0%
- Cash-on-cash
- 6.4%
- Max offer
- $386,500
Offer ≤ $386,500 (3% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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