For saleSingle family
$149,999
219 16th St N
Moorhead MN 56560
3 beds, 1 bath, 400 sqft
219 16th St N is a 3 beds, 1 bath, 400 sqft single family home for sale at $149,999 in Moorhead MN 56560. At 20% down it rents for an estimated $1,375/mo and returns $304/mo a month at a 9.1% 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
- $1,375/mo
- Monthly cash flow
- $304/mo
- Cap rate
- 9.1%
- Cash-on-cash
- 12.2%
- Max offer
- $149,999
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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