For saleTownhouse

$234,900

3409 12th St S

Moorhead MN 56560

4 beds, 2 baths, 2,080 sqft

3409 12th St S is a 4 beds, 2 baths, 2,080 sqft townhouse home for sale at $234,900 in Moorhead MN 56560. At 20% down it rents for an estimated $2,225/mo and returns $485/mo a month at a 9.0% 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
$2,225/mo
Monthly cash flow
$485/mo
Cap rate
9.0%
Cash-on-cash
12.4%
Max offer
$234,900

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

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