For saleSingle family
$199,000
122 Woodland Ave
Fairmont MN 56031
4 beds, 4 baths, 2,700 sqft
122 Woodland Ave is a 4 beds, 4 baths, 2,700 sqft single family home for sale at $199,000 in Fairmont MN 56031. At 20% down it rents for an estimated $1,025/mo and returns -$396/mo a month at a 4.3% 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
- $1,025/mo
- Monthly cash flow
- -$396/mo
- Cap rate
- 4.3%
- Cash-on-cash
- -11.9%
- Max offer
- $121,500
Offer ≤ $121,500 (39% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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