For saleSingle family
$374,900
23380 County Highway 1
Fergus Falls MN 56537
4 beds, 2 baths, 3,116 sqft
23380 County Highway 1 is a 4 beds, 2 baths, 3,116 sqft single family home for sale at $374,900 in Fergus Falls MN 56537. At 20% down it rents for an estimated $2,800/mo and returns $171/mo a month at a 7.1% 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
- $2,800/mo
- Monthly cash flow
- $171/mo
- Cap rate
- 7.1%
- Cash-on-cash
- 2.7%
- Max offer
- $335,500
Offer ≤ $335,500 (11% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.