For saleSingle family
$399,900
2416 E Fir Ave
Fergus Falls MN 56537
3 beds, 3 baths, 1,724 sqft
2416 E Fir Ave is a 3 beds, 3 baths, 1,724 sqft single family home for sale at $399,900 in Fergus Falls MN 56537. At 20% down it rents for an estimated $1,125/mo and returns -$1,730/mo a month at a 1.5% 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
- $1,125/mo
- Monthly cash flow
- -$1,730/mo
- Cap rate
- 1.5%
- Cash-on-cash
- -26.0%
- Max offer
- $134,500
Offer ≤ $134,500 (66% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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