For saleSingle family
$242,000
923 7th Ave S
Moorhead MN 56560
5 beds, 2 baths, 1,638 sqft
923 7th Ave S is a 5 beds, 2 baths, 1,638 sqft single family home for sale at $242,000 in Moorhead MN 56560. At 20% down it rents for an estimated $2,075/mo and returns $347/mo a month at a 8.4% 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
- $2,075/mo
- Monthly cash flow
- $347/mo
- Cap rate
- 8.4%
- Cash-on-cash
- 8.6%
- Max offer
- $242,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading