For saleSingle family

$169,000

311 15th St S

Moorhead MN 56560

3 beds, 1 bath, 936 sqft

311 15th St S is a 3 beds, 1 bath, 936 sqft single family home for sale at $169,000 in Moorhead MN 56560. At 20% down it rents for an estimated $1,450/mo and returns $244/mo a month at a 8.4% 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
$1,450/mo
Monthly cash flow
$244/mo
Cap rate
8.4%
Cash-on-cash
8.6%
Max offer
$169,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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