For saleSingle family
$285,000
1203 24th Ave S
Moorhead MN 56560
5 beds, 2 baths, 2,328 sqft
1203 24th Ave S is a 5 beds, 2 baths, 2,328 sqft single family home for sale at $285,000 in Moorhead MN 56560. At 20% down it rents for an estimated $2,500/mo and returns $465/mo a month at a 8.6% 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
- $2,500/mo
- Monthly cash flow
- $465/mo
- Cap rate
- 8.6%
- Cash-on-cash
- 9.8%
- Max offer
- $285,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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