For saleSingle family
$169,900
127 E Summit Ave
Fergus Falls MN 56537
4 beds, 2 baths, 1,632 sqft
127 E Summit Ave is a 4 beds, 2 baths, 1,632 sqft single family home for sale at $169,900 in Fergus Falls MN 56537. At 20% down it rents for an estimated $1,225/mo and returns $33/mo a month at a 6.8% 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
- $1,225/mo
- Monthly cash flow
- $33/mo
- Cap rate
- 6.8%
- Cash-on-cash
- 1.2%
- Max offer
- $146,500
Offer ≤ $146,500 (14% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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