For saleSingle family

$199,900

620 17th St N

Moorhead MN 56560

3 beds, 2 baths, 1,844 sqft

620 17th St N is a 3 beds, 2 baths, 1,844 sqft single family home for sale at $199,900 in Moorhead MN 56560. At 20% down it rents for an estimated $1,475/mo and returns $73/mo a month at a 7.0% 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
$1,475/mo
Monthly cash flow
$73/mo
Cap rate
7.0%
Cash-on-cash
2.2%
Max offer
$176,500

Offer ≤ $176,500 (12% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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