For saleSingle family
$242,000
1015 11th Ave S
Moorhead MN 56560
4 beds, 3 baths, 2,938 sqft
1015 11th Ave S is a 4 beds, 3 baths, 2,938 sqft single family home for sale at $242,000 in Moorhead MN 56560. At 20% down it rents for an estimated $1,900/mo and returns $203/mo a month at a 7.5% 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
- $1,900/mo
- Monthly cash flow
- $203/mo
- Cap rate
- 7.5%
- Cash-on-cash
- 5.0%
- Max offer
- $227,500
Offer ≤ $227,500 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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