For saleSingle family
$310,000
1320 5th St S
Moorhead MN 56560
6 beds, 3 baths, 2,465 sqft
1320 5th St S is a 6 beds, 3 baths, 2,465 sqft single family home for sale at $310,000 in Moorhead MN 56560. At 20% down it rents for an estimated $2,450/mo and returns $237/mo a month at a 7.6% 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
- $2,450/mo
- Monthly cash flow
- $237/mo
- Cap rate
- 7.6%
- Cash-on-cash
- 4.6%
- Max offer
- $289,000
Offer ≤ $289,000 (7% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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