For saleSingle family
$140,000
422 N Cleveland Ave
Fergus Falls MN 56537
4 beds, 1 bath, 1,484 sqft
422 N Cleveland Ave is a 4 beds, 1 bath, 1,484 sqft single family home for sale at $140,000 in Fergus Falls MN 56537. At 20% down it rents for an estimated $1,225/mo and returns $226/mo a month at a 8.6% 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
- $226/mo
- Cap rate
- 8.6%
- Cash-on-cash
- 9.7%
- Max offer
- $140,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading