For saleMulti-family
$315,000
1002 5th Ave S
Moorhead MN 56560
6 beds, 4 baths, 1,399 sqft
1002 5th Ave S is a 6 beds, 4 baths, 1,399 sqft multi-family home for sale at $315,000 in Moorhead MN 56560. At 20% down it rents for an estimated $2,850/mo and returns $601/mo a month at a 9.0% 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
- $2,850/mo
- Monthly cash flow
- $601/mo
- Cap rate
- 9.0%
- Cash-on-cash
- 11.5%
- Max offer
- $315,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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