For saleSingle family
$249,900
412 E Everett Ave
Fergus Falls MN 56537
4 beds, 2 baths, 1,624 sqft
412 E Everett Ave is a 4 beds, 2 baths, 1,624 sqft single family home for sale at $249,900 in Fergus Falls MN 56537. At 20% down it rents for an estimated $1,300/mo and returns -$484/mo a month at a 4.3% 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
- $1,300/mo
- Monthly cash flow
- -$484/mo
- Cap rate
- 4.3%
- Cash-on-cash
- -11.6%
- Max offer
- $154,000
Offer ≤ $154,000 (38% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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