For saleMulti-family
$199,900
424 W Birch Ave
Fergus Falls MN 56537
6 beds, 2 baths, 1,352 sqft
424 W Birch Ave is a 6 beds, 2 baths, 1,352 sqft multi-family home for sale at $199,900 in Fergus Falls MN 56537. At 20% down it rents for an estimated $3,150/mo and returns $1,723/mo a month at a 17.0% 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
- $3,150/mo
- Monthly cash flow
- $1,723/mo
- Cap rate
- 17.0%
- Cash-on-cash
- 51.7%
- Max offer
- $199,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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