For saleMulti-family
$399,000
1710 N Park St
Fergus Falls MN 56537
8 beds, 4 baths, 4,416 sqft
1710 N Park St is a 8 beds, 4 baths, 4,416 sqft multi-family home for sale at $399,000 in Fergus Falls MN 56537. At 20% down it rents for an estimated $3,900/mo and returns $1,102/mo a month at a 9.8% 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
- $3,900/mo
- Monthly cash flow
- $1,102/mo
- Cap rate
- 9.8%
- Cash-on-cash
- 16.6%
- Max offer
- $399,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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