For saleSingle family
$249,900
1002 4th Ave S
Moorhead MN 56560
6 beds, 2 baths, 2,979 sqft
1002 4th Ave S is a 6 beds, 2 baths, 2,979 sqft single family home for sale at $249,900 in Moorhead MN 56560. At 20% down it rents for an estimated $2,075/mo and returns $291/mo a month at a 8.1% 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
- $2,075/mo
- Monthly cash flow
- $291/mo
- Cap rate
- 8.1%
- Cash-on-cash
- 7.0%
- Max offer
- $244,500
Offer ≤ $244,500 (2% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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