For saleSingle family
$329,900
2322 Cromwell St S
Moorhead MN 56560
4 beds, 2.5 baths, 2,040 sqft
2322 Cromwell St S is a 4 beds, 2.5 baths, 2,040 sqft single family home for sale at $329,900 in Moorhead MN 56560. At 20% down it rents for an estimated $2,400/mo and returns $86/mo a month at a 6.8% 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
- $2,400/mo
- Monthly cash flow
- $86/mo
- Cap rate
- 6.8%
- Cash-on-cash
- 1.6%
- Max offer
- $287,500
Offer ≤ $287,500 (13% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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