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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