For saleSingle family
$224,900
1116 E Mount Faith Ave
Fergus Falls MN 56537
4 beds, 2 baths, 1,715 sqft
1116 E Mount Faith Ave is a 4 beds, 2 baths, 1,715 sqft single family home for sale at $224,900 in Fergus Falls MN 56537. At 20% down it rents for an estimated $1,125/mo and returns -$481/mo a month at a 4.1% 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
- $1,125/mo
- Monthly cash flow
- -$481/mo
- Cap rate
- 4.1%
- Cash-on-cash
- -12.8%
- Max offer
- $133,000
Offer ≤ $133,000 (41% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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