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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