For saleSingle family

$245,000

1232 15th St N

Moorhead MN 56560

4 beds, 1.5 baths, 1,771 sqft

1232 15th St N is a 4 beds, 1.5 baths, 1,771 sqft single family home for sale at $245,000 in Moorhead MN 56560. At 20% down it rents for an estimated $1,925/mo and returns $207/mo a month at a 7.5% 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
$207/mo
Cap rate
7.5%
Cash-on-cash
5.1%
Max offer
$230,500

Offer ≤ $230,500 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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