For saleSingle family
$259,900
3542 23rd Ave S
Moorhead MN 56560
3 beds, 2 baths, 2,040 sqft
3542 23rd Ave S is a 3 beds, 2 baths, 2,040 sqft single family home for sale at $259,900 in Moorhead MN 56560. At 20% down it rents for an estimated $2,025/mo and returns $170/mo a month at a 7.4% 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
- $2,025/mo
- Monthly cash flow
- $170/mo
- Cap rate
- 7.4%
- Cash-on-cash
- 3.9%
- Max offer
- $239,000
Offer ≤ $239,000 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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