For saleSingle family
$227,000
803 W Laurel St
Fergus Falls MN 56537
2 beds, 1 bath, 1,911 sqft
803 W Laurel St is a 2 beds, 1 bath, 1,911 sqft single family home for sale at $227,000 in Fergus Falls MN 56537. At 20% down it rents for an estimated $1,050/mo and returns -$570/mo a month at a 3.7% 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
- $1,050/mo
- Monthly cash flow
- -$570/mo
- Cap rate
- 3.7%
- Cash-on-cash
- -15.1%
- Max offer
- $124,500
Offer ≤ $124,500 (45% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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