For saleSingle family
$187,000
614 16th St N
Moorhead MN 56560
3 beds, 2 baths, 1,970 sqft
614 16th St N is a 3 beds, 2 baths, 1,970 sqft single family home for sale at $187,000 in Moorhead MN 56560. At 20% down it rents for an estimated $1,500/mo and returns $188/mo a month at a 7.7% 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
- $1,500/mo
- Monthly cash flow
- $188/mo
- Cap rate
- 7.7%
- Cash-on-cash
- 6.0%
- Max offer
- $179,500
Offer ≤ $179,500 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.