For saleSingle family

$45,000

415 W Adolphus Ave

Fergus Falls MN 56537

2 beds, 1 bath, 624 sqft

415 W Adolphus Ave is a 2 beds, 1 bath, 624 sqft single family home for sale at $45,000 in Fergus Falls MN 56537. At 20% down it rents for an estimated $1,050/mo and returns $729/mo a month at a 26.1% 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
$1,050/mo
Monthly cash flow
$729/mo
Cap rate
26.1%
Cash-on-cash
97.2%
Max offer
$45,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

Loading