For saleSingle family
$239,900
214 E Douglas Ave
Fergus Falls MN 56537
3 beds, 2 baths, 1,756 sqft
214 E Douglas Ave is a 3 beds, 2 baths, 1,756 sqft single family home for sale at $239,900 in Fergus Falls MN 56537. At 20% down it rents for an estimated $1,175/mo and returns -$538/mo a month at a 4.0% 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
- $1,175/mo
- Monthly cash flow
- -$538/mo
- Cap rate
- 4.0%
- Cash-on-cash
- -13.4%
- Max offer
- $139,000
Offer ≤ $139,000 (42% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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