For saleSingle family

$258,000

1215 13th St N

Moorhead MN 56560

4 beds, 2 baths, 1,828 sqft

1215 13th St N is a 4 beds, 2 baths, 1,828 sqft single family home for sale at $258,000 in Moorhead MN 56560. At 20% down it rents for an estimated $1,925/mo and returns $115/mo a month at a 7.1% 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
$1,925/mo
Monthly cash flow
$115/mo
Cap rate
7.1%
Cash-on-cash
2.7%
Max offer
$230,500

Offer ≤ $230,500 (11% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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