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 $1,025/mo and returns $114/mo a month at a 7.6% 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
$1,025/mo
Monthly cash flow
$114/mo
Cap rate
7.6%
Cash-on-cash
5.3%
Max offer
$122,500

Offer ≤ $122,500 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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