For saleCondo
$72,500
3108 5th St S Apt 9
Moorhead MN 56560
2 beds, 1 bath, 970 sqft
3108 5th St S Apt 9 is a 2 beds, 1 bath, 970 sqft condo home for sale at $72,500 in Moorhead MN 56560. At 20% down it rents for an estimated $875/mo and returns $128/mo a month at a 8.8% 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
- $875/mo
- Monthly cash flow
- $128/mo
- Cap rate
- 8.8%
- Cash-on-cash
- 10.6%
- Max offer
- $72,500
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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