For saleSingle family

$259,000

2028 16th St S

Moorhead MN 56560

4 beds, 2 baths, 1,872 sqft

2028 16th St S is a 4 beds, 2 baths, 1,872 sqft single family home for sale at $259,000 in Moorhead MN 56560. At 20% down it rents for an estimated $2,200/mo and returns $351/mo a month at a 8.3% 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
$2,200/mo
Monthly cash flow
$351/mo
Cap rate
8.3%
Cash-on-cash
8.1%
Max offer
$259,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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