For saleSingle family

$140,000

1404 2nd Ave N

Moorhead MN 56560

2 beds, 1 bath, 707 sqft

1404 2nd Ave N is a 2 beds, 1 bath, 707 sqft single family home for sale at $140,000 in Moorhead MN 56560. At 20% down it rents for an estimated $1,350/mo and returns $368/mo a month at a 9.7% 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
$1,350/mo
Monthly cash flow
$368/mo
Cap rate
9.7%
Cash-on-cash
15.8%
Max offer
$140,000

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

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