For saleSingle family
$374,900
3005 38th Ave S
Moorhead MN 56560
4 beds, 3 baths, 2,374 sqft
3005 38th Ave S is a 4 beds, 3 baths, 2,374 sqft single family home for sale at $374,900 in Moorhead MN 56560. At 20% down it rents for an estimated $2,200/mo and returns -$476/mo a month at a 5.1% 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
- $2,200/mo
- Monthly cash flow
- -$476/mo
- Cap rate
- 5.1%
- Cash-on-cash
- -7.6%
- Max offer
- $260,000
Offer ≤ $260,000 (31% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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