For saleMulti-family
$269,900
1902 8th Ave N
Moorhead MN 56560
6 beds, 3 baths, 2,898 sqft
1902 8th Ave N is a 6 beds, 3 baths, 2,898 sqft multi-family home for sale at $269,900 in Moorhead MN 56560. At 20% down it rents for an estimated $2,700/mo and returns $807/mo a month at a 10.1% 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
- $2,700/mo
- Monthly cash flow
- $807/mo
- Cap rate
- 10.1%
- Cash-on-cash
- 17.9%
- Max offer
- $269,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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