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949 Rice St, Faribault, MN 55021

3 beds • 3 baths • 3092 sqft

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This property might be a fair Long-Term investment with a projected 0.74% first-year return on $69,426 initial cash invested.

0.74%

Cash On Cash

6.37%

Cap Rate

1.1

DSCR

$2,397

Rent

$43

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$331k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,426

Downpayment

20%

$66,120

Closing costs

1%

$3,306

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,397

Total Expenses

$2,354

Mortgage P&I

66%

$1,592

Property Taxes

0%

$5

Home Insurance

6%

$133

HOA

0%

$0

Property Management

10%

$240

CapEx

5%

$120

Vacancy

6%

$144

Maintenance

5%

$120

Other

0%

$0

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