For saleSingle family
$199,000
715 S Sheridan St
Fergus Falls MN 56537
2 beds, 2 baths, 941 sqft
715 S Sheridan St is a 2 beds, 2 baths, 941 sqft single family home for sale at $199,000 in Fergus Falls MN 56537. At 20% down it rents for an estimated $1,075/mo and returns -$346/mo a month at a 4.6% 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
- $1,075/mo
- Monthly cash flow
- -$346/mo
- Cap rate
- 4.6%
- Cash-on-cash
- -10.4%
- Max offer
- $127,000
Offer ≤ $127,000 (36% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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