For saleCondo
$189,900
3306 Village Green Blvd Apt 302
Moorhead MN 56560
2 beds, 2 baths, 912 sqft
3306 Village Green Blvd Apt 302 is a 2 beds, 2 baths, 912 sqft condo home for sale at $189,900 in Moorhead MN 56560. At 20% down it rents for an estimated $1,700/mo and returns $221/mo a month at a 8.1% 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
- $1,700/mo
- Monthly cash flow
- $221/mo
- Cap rate
- 8.1%
- Cash-on-cash
- 7.0%
- Max offer
- $185,500
Offer ≤ $185,500 (2% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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