For saleSingle family
$194,900
1624 4th St S
Moorhead MN 56560
3 beds, 1 bath, 2,064 sqft
1624 4th St S is a 3 beds, 1 bath, 2,064 sqft single family home for sale at $194,900 in Moorhead MN 56560. At 20% down it rents for an estimated $1,625/mo and returns $234/mo a month at a 8.1% 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
- $1,625/mo
- Monthly cash flow
- $234/mo
- Cap rate
- 8.1%
- Cash-on-cash
- 7.2%
- Max offer
- $191,500
Offer ≤ $191,500 (2% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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