For saleSingle family

$239,900

1603 5th St S

Moorhead MN 56560

3 beds, 2 baths, 1,392 sqft

1603 5th St S is a 3 beds, 2 baths, 1,392 sqft single family home for sale at $239,900 in Moorhead MN 56560. At 20% down it rents for an estimated $1,700/mo and returns $17/mo a month at a 6.6% 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
$1,700/mo
Monthly cash flow
$17/mo
Cap rate
6.6%
Cash-on-cash
0.4%
Max offer
$203,500

Offer ≤ $203,500 (15% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading listing…

Fetching the market snapshot.