For saleCondo

$120,000

1225 7th St S Apt 4

Moorhead MN 56560

2 beds, 1 bath, 933 sqft

1225 7th St S Apt 4 is a 2 beds, 1 bath, 933 sqft condo home for sale at $120,000 in Moorhead MN 56560. At 20% down it rents for an estimated $1,350/mo and returns $238/mo a month at a 8.9% 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
$1,350/mo
Monthly cash flow
$238/mo
Cap rate
8.9%
Cash-on-cash
11.9%
Max offer
$120,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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