For saleSingle family

$224,000

1301 14th St S

Moorhead MN 56560

3 beds, 2 baths, 1,744 sqft

1301 14th St S is a 3 beds, 2 baths, 1,744 sqft single family home for sale at $224,000 in Moorhead MN 56560. At 20% down it rents for an estimated $1,475/mo and returns -$124/mo a month at a 6.0% 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
-$124/mo
Cap rate
6.0%
Cash-on-cash
-3.3%
Max offer
$174,000

Offer ≤ $174,000 (22% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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