For saleSingle family
$129,000
308 W Douglas Ave
Fergus Falls MN 56537
3 beds, 1.5 baths, 1,200 sqft
308 W Douglas Ave is a 3 beds, 1.5 baths, 1,200 sqft single family home for sale at $129,000 in Fergus Falls MN 56537. At 20% down it rents for an estimated $1,175/mo and returns $254/mo a month at a 9.0% 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
- $1,175/mo
- Monthly cash flow
- $254/mo
- Cap rate
- 9.0%
- Cash-on-cash
- 11.8%
- Max offer
- $129,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading