For saleSingle family
$229,900
1502 2nd Ave N
Moorhead MN 56560
4 beds, 1.5 baths, 1,518 sqft
1502 2nd Ave N is a 4 beds, 1.5 baths, 1,518 sqft single family home for sale at $229,900 in Moorhead MN 56560. At 20% down it rents for an estimated $1,925/mo and returns $313/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
- $1,925/mo
- Monthly cash flow
- $313/mo
- Cap rate
- 8.1%
- Cash-on-cash
- 8.2%
- Max offer
- $229,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.