For saleCondo
$214,900
2807 32nd St S
Moorhead MN 56560
3 beds, 2 baths, 1,187 sqft
2807 32nd St S is a 3 beds, 2 baths, 1,187 sqft condo home for sale at $214,900 in Moorhead MN 56560. At 20% down it rents for an estimated $1,850/mo and returns $204/mo a month at a 7.8% 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
- $1,850/mo
- Monthly cash flow
- $204/mo
- Cap rate
- 7.8%
- Cash-on-cash
- 5.7%
- Max offer
- $204,500
Offer ≤ $204,500 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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