For saleSingle family
$230,000
1102 1st St S
Moorhead MN 56560
4 beds, 2 baths, 1,882 sqft
1102 1st St S is a 4 beds, 2 baths, 1,882 sqft single family home for sale at $230,000 in Moorhead MN 56560. At 20% down it rents for an estimated $1,850/mo and returns $208/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
- $208/mo
- Cap rate
- 7.8%
- Cash-on-cash
- 5.4%
- Max offer
- $218,000
Offer ≤ $218,000 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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