For saleCondo
$154,900
3014 17th St S
Moorhead MN 56560
3 beds, 2 baths, 1,275 sqft
3014 17th St S is a 3 beds, 2 baths, 1,275 sqft condo home for sale at $154,900 in Moorhead MN 56560. At 20% down it rents for an estimated $1,475/mo and returns $177/mo a month at a 8.0% 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
- $1,475/mo
- Monthly cash flow
- $177/mo
- Cap rate
- 8.0%
- Cash-on-cash
- 6.9%
- Max offer
- $151,000
Offer ≤ $151,000 (3% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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