For saleSingle family
$169,900
704 W Lincoln Ave
Fergus Falls MN 56537
4 beds, 2 baths, 2,010 sqft
704 W Lincoln Ave is a 4 beds, 2 baths, 2,010 sqft single family home for sale at $169,900 in Fergus Falls MN 56537. At 20% down it rents for an estimated $1,300/mo and returns $87/mo a month at a 7.3% 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
- $1,300/mo
- Monthly cash flow
- $87/mo
- Cap rate
- 7.3%
- Cash-on-cash
- 3.1%
- Max offer
- $153,500
Offer ≤ $153,500 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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