For saleSingle family
$255,000
3701 29th Ave S
Moorhead MN 56560
3 beds, 2 baths, 1,460 sqft
3701 29th Ave S is a 3 beds, 2 baths, 1,460 sqft single family home for sale at $255,000 in Moorhead MN 56560. At 20% down it rents for an estimated $1,950/mo and returns $130/mo a month at a 7.3% 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
- $1,950/mo
- Monthly cash flow
- $130/mo
- Cap rate
- 7.3%
- Cash-on-cash
- 3.0%
- Max offer
- $230,000
Offer ≤ $230,000 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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