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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