For saleSingle family
$129,900
624 S Oak St
Fergus Falls MN 56537
2 beds, 1 bath, 950 sqft
624 S Oak St is a 2 beds, 1 bath, 950 sqft single family home for sale at $129,900 in Fergus Falls MN 56537. At 20% down it rents for an estimated $1,075/mo and returns $148/mo a month at a 8.0% 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
- $148/mo
- Cap rate
- 8.0%
- Cash-on-cash
- 6.8%
- Max offer
- $126,500
Offer ≤ $126,500 (3% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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