For saleMulti-family
$385,000
1011 19th St S
Moorhead MN 56560
12 beds, 4 baths, 4,026 sqft
1011 19th St S is a 12 beds, 4 baths, 4,026 sqft multi-family home for sale at $385,000 in Moorhead MN 56560. At 20% down it rents for an estimated $4,350/mo and returns $1,602/mo a month at a 11.7% 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
- $4,350/mo
- Monthly cash flow
- $1,602/mo
- Cap rate
- 11.7%
- Cash-on-cash
- 25.0%
- Max offer
- $385,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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