For saleSingle family
$244,900
611 36th Ave S
Moorhead MN 56560
3 beds, 2 baths, 1,666 sqft
611 36th Ave S is a 3 beds, 2 baths, 1,666 sqft single family home for sale at $244,900 in Moorhead MN 56560. At 20% down it rents for an estimated $1,900/mo and returns $152/mo a month at a 7.4% 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
- $1,900/mo
- Monthly cash flow
- $152/mo
- Cap rate
- 7.4%
- Cash-on-cash
- 3.7%
- Max offer
- $224,000
Offer ≤ $224,000 (9% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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