For saleSingle family
$223,900
3424 16th St S
Moorhead MN 56560
3 beds, 2 baths, 1,672 sqft
3424 16th St S is a 3 beds, 2 baths, 1,672 sqft single family home for sale at $223,900 in Moorhead MN 56560. At 20% down it rents for an estimated $1,950/mo and returns $352/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
- $1,950/mo
- Monthly cash flow
- $352/mo
- Cap rate
- 8.6%
- Cash-on-cash
- 9.4%
- Max offer
- $223,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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