205 Fayal Rd

Eveleth, MN · View the listing ↗

Cash flows

27 photos

Photos, via Realtor.com.

Asking price: $99,900
Monthly cash flow: $478
Estimated rent: $2,100/mo
Break-even price: $189,644

Adjust the numbers See the full breakdown

The numbers

Edit rents, costs and assumptions

Default: 20% down (no PMI), offer at asking, self-managed, 7.00% for 30 years, buyer pays closing costs (3%).

The deal

Price: $99,900
Cash to close: $22,977
Price per unit: $49,950
GRM: 4.0

Each month

Cash flow: $478/mo
Cash-on-cash: 24.9%
Cap rate: 12.1%
DSCR: 1.90×

Break-even

Price that breaks even: $189,644
Rent that breaks even: $1,480/mo

Long run

Year 30: property vs stocks: $1.14M vs $175K
Cash flow turns positive: year 1

Monthly

Monthly breakdown

Rent	$2,100
Vacancy (6%)	−$126
Collected	$1,974
Property tax Estimate	−$175
Insurance Estimate	−$203
Water, sewer, trash Estimate	−$170
Lawn care ($120 × 6 mo ÷ 12)	−$60
Repairs (8% of rent)	−$168
Capital reserve (9% of rent)	−$189
Net operating income	$1,009
Mortgage (principal + interest)	−$532
Cash flow	$478
Principal paid down (equity, not cash)	$68

Cash flow each year

Rents +3%/yr, costs +3.5%/yr. Red bars are months you'd cover out of pocket.

30 years

How those totals add up

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$242,484
Minus 6% selling cost	−$14,549
Minus loan still owedTenants' rent paid down all $89,910 of principal by year 30	$0
Plus rental profits, invested at 7%$328,699 of profit by year 30, before investment growth	$818,670
What you'd walk away with	$1,046,605
If you put the same money in stocks
Cash to close ($12,987) invested at 7%	$98,860
Monthly shortfalls ($0 total by yr 30) investedThe money you'd have put into the building while it lost money	$0
What you'd walk away with	$98,860
Building minus stocks	$947,745

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$242,484
Minus 6% selling cost	−$14,549
Minus loan still owedTenants' rent paid down all $89,910 of principal by year 30	$0
Plus rental profits, invested at 7%$227,272 of profit by year 30, before investment growth	$542,320
What you'd walk away with	$770,255
If you put the same money in stocks
Cash to close ($12,987) invested at 7%	$98,860
Monthly shortfalls ($0 total by yr 30) investedThe money you'd have put into the building while it lost money	$0
What you'd walk away with	$98,860
Building minus stocks	$671,395

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$218,211
Minus 6% selling cost	−$13,093
Minus loan still owedTenants' rent paid down all $80,910 of principal by year 30	$0
Plus rental profits, invested at 7%$350,525 of profit by year 30, before investment growth	$888,283
What you'd walk away with	$1,093,401
If you put the same money in stocks
Cash to close ($11,687) invested at 7%	$88,964
Monthly shortfalls ($0 total by yr 30) investedThe money you'd have put into the building while it lost money	$0
What you'd walk away with	$88,964
Building minus stocks	$1,004,437

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$218,211
Minus 6% selling cost	−$13,093
Minus loan still owedTenants' rent paid down all $80,910 of principal by year 30	$0
Plus rental profits, invested at 7%$249,098 of profit by year 30, before investment growth	$611,933
What you'd walk away with	$817,052
If you put the same money in stocks
Cash to close ($11,687) invested at 7%	$88,964
Monthly shortfalls ($0 total by yr 30) investedThe money you'd have put into the building while it lost money	$0
What you'd walk away with	$88,964
Building minus stocks	$728,088

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$242,484
Minus 6% selling cost	−$14,549
Minus loan still owedTenants' rent paid down all $79,920 of principal by year 30	$0
Plus rental profits, invested at 7%$355,323 of profit by year 30, before investment growth	$911,396
What you'd walk away with	$1,139,330
If you put the same money in stocks
Cash to close ($22,977) invested at 7%	$174,907
Monthly shortfalls ($0 total by yr 30) investedThe money you'd have put into the building while it lost money	$0
What you'd walk away with	$174,907
Building minus stocks	$964,423

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$242,484
Minus 6% selling cost	−$14,549
Minus loan still owedTenants' rent paid down all $79,920 of principal by year 30	$0
Plus rental profits, invested at 7%$253,896 of profit by year 30, before investment growth	$635,046
What you'd walk away with	$862,981
If you put the same money in stocks
Cash to close ($22,977) invested at 7%	$174,907
Monthly shortfalls ($0 total by yr 30) investedThe money you'd have put into the building while it lost money	$0
What you'd walk away with	$174,907
Building minus stocks	$688,074

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$218,211
Minus 6% selling cost	−$13,093
Minus loan still owedTenants' rent paid down all $71,920 of principal by year 30	$0
Plus rental profits, invested at 7%$374,484 of profit by year 30, before investment growth	$971,727
What you'd walk away with	$1,176,845
If you put the same money in stocks
Cash to close ($20,677) invested at 7%	$157,399
Monthly shortfalls ($0 total by yr 30) investedThe money you'd have put into the building while it lost money	$0
What you'd walk away with	$157,399
Building minus stocks	$1,019,446

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$218,211
Minus 6% selling cost	−$13,093
Minus loan still owedTenants' rent paid down all $71,920 of principal by year 30	$0
Plus rental profits, invested at 7%$273,057 of profit by year 30, before investment growth	$695,377
What you'd walk away with	$900,495
If you put the same money in stocks
Cash to close ($20,677) invested at 7%	$157,399
Monthly shortfalls ($0 total by yr 30) investedThe money you'd have put into the building while it lost money	$0
What you'd walk away with	$157,399
Building minus stocks	$743,096

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$242,484
Minus 6% selling cost	−$14,549
Minus loan still owedTenants' rent paid down all $74,925 of principal by year 30	$0
Plus rental profits, invested at 7%$367,287 of profit by year 30, before investment growth	$949,065
What you'd walk away with	$1,177,000
If you put the same money in stocks
Cash to close ($27,972) invested at 7%	$212,930
Monthly shortfalls ($0 total by yr 30) investedThe money you'd have put into the building while it lost money	$0
What you'd walk away with	$212,930
Building minus stocks	$964,070

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$242,484
Minus 6% selling cost	−$14,549
Minus loan still owedTenants' rent paid down all $74,925 of principal by year 30	$0
Plus rental profits, invested at 7%$265,860 of profit by year 30, before investment growth	$672,715
What you'd walk away with	$900,650
If you put the same money in stocks
Cash to close ($27,972) invested at 7%	$212,930
Monthly shortfalls ($0 total by yr 30) investedThe money you'd have put into the building while it lost money	$0
What you'd walk away with	$212,930
Building minus stocks	$687,720

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$218,211
Minus 6% selling cost	−$13,093
Minus loan still owedTenants' rent paid down all $67,425 of principal by year 30	$0
Plus rental profits, invested at 7%$385,250 of profit by year 30, before investment growth	$1,005,626
What you'd walk away with	$1,210,744
If you put the same money in stocks
Cash to close ($25,172) invested at 7%	$191,616
Monthly shortfalls ($0 total by yr 30) investedThe money you'd have put into the building while it lost money	$0
What you'd walk away with	$191,616
Building minus stocks	$1,019,128

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$218,211
Minus 6% selling cost	−$13,093
Minus loan still owedTenants' rent paid down all $67,425 of principal by year 30	$0
Plus rental profits, invested at 7%$283,823 of profit by year 30, before investment growth	$729,276
What you'd walk away with	$934,394
If you put the same money in stocks
Cash to close ($25,172) invested at 7%	$191,616
Monthly shortfalls ($0 total by yr 30) investedThe money you'd have put into the building while it lost money	$0
What you'd walk away with	$191,616
Building minus stocks	$742,778

Future dollars. At 3% inflation, divide year-30 figures by about 2.4 for today's buying power. Rental profits are assumed invested, not spent.

30 years: this property vs. the same money in stocks

This propertyStocks at 7%

Year 30 (loan paid off): property $1.14M, stocks $175K. The property wins.

Comparable rentals

The closest rental listings with each unit's bedroom count, as of 2026-10-04. The estimate is the median asking rent of every rental we found nearby (the count is shown for each); houses are left out. Asking rents from Realtor.com rental listings, not signed leases.

2 bed estimate $1,050/mo · range $1,000–$1,150 · 6 rentals within 4.75 mi

Address	Rent	Bd / Ba	Sq ft	Distance	Listed	Type
300 15th Ave W, Eveleth	$1,047	2 / 1	900	1.5 mi	2025-01-03	Apartment
110 Anderson Dr # 44, Virginia	$1,065	2 / 1	850	2.5 mi	—	Apartment
707 S 5th Ave Apt 3, Virginia	$995	2 / 1	—	3.9 mi	2026-04-08	Apartment
206 S 4th Ave E Unit 104, Virginia	$995	2 / 1	—	4.2 mi	—	Apartment
201 N 5th Ave, Virginia	$958	2 / 1	—	4.4 mi	2026-02-01	Apartment
8515 Parkvilla Dr, Mountain Iron	$1,295	2 / 1	928	4.5 mi	—	Apartment

On the maps, this property and comparable rentals. Comparable rentals and rent estimate: Realtor.com rental listings. Rents are asking rents from listings; check them against the actual leases.

Red flags and opportunities

Watch for

mediumCouldn't match this address to a county parcel record, so taxes and unit count are unverified. Public record: County parcels: no match for 205 FAYAL RD

Opportunities

Long time on market: room to negotiate. Based on: Listing data: 221 days on market

Questions for the agent

Can we see the current leases and a rent roll, with move-in dates?
What did water/sewer/trash, heat and electric cost the owner over the last 12 months?
How old are the roof, boiler or furnaces, water heaters and electrical panels?
Is the building licensed as a rental for this many units, and when was the last city inspection?
Any special assessments pending, and will the seller pay them off at closing?

Standard questions worth asking about any building.

What the records say

Where each number comes from

Property tax / yr Estimateestimate. No tax record found; 2.1% of price.	$2,098
Insurance / yr Estimateestimate. from units, square feet and age; get a quote	$2,434
Water, sewer, trash / mo Estimateestimate. $85/unit/mo, owner-paid	$170
Heat / mo Assumptionassumption. tenants pay heat; confirm with the agent	$0
Lawn care / mo Assumptionassumption. $120/mo for 6 months, spread over 12; no snow removal	$60
Repairs / capital reserve Rulerule. built 1900: +1 pt capital reserve	8% / 9%

Status history

2026-02-26New at $99,900

From the listing Listing

Listed as

duplex

As the listing states it (NorthstarMLS, via Realtor.com). We don't have county records here yet; check the tax, homestead status and special assessments with the county.

Crime, rental-license and vacant-building records are only available for St. Paul and Minneapolis so far. Check with Eveleth on rental licensing before you buy.