For saleSingle family
$279,900
1017 17th St N
Moorhead MN 56560
4 beds, 2 baths, 1,723 sqft
1017 17th St N is a 4 beds, 2 baths, 1,723 sqft single family home for sale at $279,900 in Moorhead MN 56560. At 20% down it rents for an estimated $1,925/mo and returns -$73/mo a month at a 6.4% 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
- $1,925/mo
- Monthly cash flow
- -$73/mo
- Cap rate
- 6.4%
- Cash-on-cash
- -1.6%
- Max offer
- $227,500
Offer ≤ $227,500 (19% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading