For saleSingle family

$255,000

617 Cedar Ln

Moorhead MN 56560

4 beds, 2 baths, 2,112 sqft

617 Cedar Ln is a 4 beds, 2 baths, 2,112 sqft single family home for sale at $255,000 in Moorhead MN 56560. At 20% down it rents for an estimated $2,100/mo and returns $312/mo a month at a 8.0% 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
$2,100/mo
Monthly cash flow
$312/mo
Cap rate
8.0%
Cash-on-cash
7.3%
Max offer
$251,500

Offer ≤ $251,500 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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