313 7th St S

Moorhead, MN · View the listing ↗

3 photos

Photos courtesy of JK Property Partners, via Realtor.com.

Asking price: $245,000
Monthly cash flow: −$124
Estimated rent: $2,600/mo
Break-even price: $221,704

Adjust the numbers See the full breakdown

The numbers

Edit rents, costs and assumptions

Default: 20% down (no PMI), offer at asking, self-managed, 7.00% for 30 years, buyer pays closing costs (3%).

The deal

Price: $245,000
Cash to close: $56,350
Price per unit: $122,500
GRM: 7.9

Each month

Cash flow: −$124/mo
Cash-on-cash: −2.6%
Cap rate: 5.8%
DSCR: 0.90×

Break-even

Price that breaks even: $221,704
Rent that breaks even: $2,761/mo

Long run

Year 30: property vs stocks: $865K vs $453K
Cash flow turns positive: year 5

Monthly

Monthly breakdown

Rent	$2,600
Vacancy (6%)	−$156
Collected	$2,444
Property tax Listing	−$344
Insurance Estimate	−$248
Water, sewer, trash Estimate	−$170
Lawn care ($120 × 6 mo ÷ 12)	−$60
Repairs (8% of rent)	−$208
Capital reserve (9% of rent)	−$234
Net operating income	$1,180
Mortgage (principal + interest)	−$1,304
Cash flow	−$124
Principal paid down (equity, not cash)	$166

Cash flow each year

Rents +3%/yr, costs +3.5%/yr. Red bars are months you'd cover out of pocket.

30 years

How those totals add up

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$594,679
Minus 6% selling cost	−$35,681
Minus loan still owedTenants' rent paid down all $220,500 of principal by year 30	$0
Plus rental profits, invested at 7%$122,276 of profit by year 30, before investment growth	$197,753
What you'd walk away with	$756,751
If you put the same money in stocks
Cash to close ($31,850) invested at 7%	$242,450
Monthly shortfalls ($23,263 total by yr 30) investedThe money you'd have put into the building while it lost money	$143,482
What you'd walk away with	$385,932
Building minus stocks	$370,819

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$594,679
Minus 6% selling cost	−$35,681
Minus loan still owedTenants' rent paid down all $220,500 of principal by year 30	$0
Plus rental profits, invested at 7%$37,921 of profit by year 30, before investment growth	$49,376
What you'd walk away with	$608,375
If you put the same money in stocks
Cash to close ($31,850) invested at 7%	$242,450
Monthly shortfalls ($64,483 total by yr 30) investedThe money you'd have put into the building while it lost money	$337,253
What you'd walk away with	$579,703
Building minus stocks	$28,672

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$570,407
Minus 6% selling cost	−$34,224
Minus loan still owedTenants' rent paid down all $211,500 of principal by year 30	$0
Plus rental profits, invested at 7%$138,035 of profit by year 30, before investment growth	$232,795
What you'd walk away with	$768,978
If you put the same money in stocks
Cash to close ($30,550) invested at 7%	$232,554
Monthly shortfalls ($17,196 total by yr 30) investedThe money you'd have put into the building while it lost money	$108,912
What you'd walk away with	$341,466
Building minus stocks	$427,512

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$570,407
Minus 6% selling cost	−$34,224
Minus loan still owedTenants' rent paid down all $211,500 of principal by year 30	$0
Plus rental profits, invested at 7%$47,588 of profit by year 30, before investment growth	$64,634
What you'd walk away with	$600,817
If you put the same money in stocks
Cash to close ($30,550) invested at 7%	$232,554
Monthly shortfalls ($52,325 total by yr 30) investedThe money you'd have put into the building while it lost money	$282,898
What you'd walk away with	$515,452
Building minus stocks	$85,365

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$594,679
Minus 6% selling cost	−$35,681
Minus loan still owedTenants' rent paid down all $196,000 of principal by year 30	$0
Plus rental profits, invested at 7%$167,969 of profit by year 30, before investment growth	$306,110
What you'd walk away with	$865,108
If you put the same money in stocks
Cash to close ($56,350) invested at 7%	$428,951
Monthly shortfalls ($3,660 total by yr 30) investedThe money you'd have put into the building while it lost money	$24,434
What you'd walk away with	$453,384
Building minus stocks	$411,724

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$594,679
Minus 6% selling cost	−$35,681
Minus loan still owedTenants' rent paid down all $196,000 of principal by year 30	$0
Plus rental profits, invested at 7%$67,115 of profit by year 30, before investment growth	$98,475
What you'd walk away with	$657,474
If you put the same money in stocks
Cash to close ($56,350) invested at 7%	$428,951
Monthly shortfalls ($28,383 total by yr 30) investedThe money you'd have put into the building while it lost money	$158,947
What you'd walk away with	$587,897
Building minus stocks	$69,577

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$570,407
Minus 6% selling cost	−$34,224
Minus loan still owedTenants' rent paid down all $188,000 of principal by year 30	$0
Plus rental profits, invested at 7%$184,881 of profit by year 30, before investment growth	$351,750
What you'd walk away with	$887,932
If you put the same money in stocks
Cash to close ($54,050) invested at 7%	$411,442
Monthly shortfalls ($1,412 total by yr 30) investedThe money you'd have put into the building while it lost money	$9,743
What you'd walk away with	$421,185
Building minus stocks	$466,747

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$570,407
Minus 6% selling cost	−$34,224
Minus loan still owedTenants' rent paid down all $188,000 of principal by year 30	$0
Plus rental profits, invested at 7%$78,739 of profit by year 30, before investment growth	$120,633
What you'd walk away with	$656,815
If you put the same money in stocks
Cash to close ($54,050) invested at 7%	$411,442
Monthly shortfalls ($20,846 total by yr 30) investedThe money you'd have put into the building while it lost money	$120,773
What you'd walk away with	$532,215
Building minus stocks	$124,600

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$594,679
Minus 6% selling cost	−$35,681
Minus loan still owedTenants' rent paid down all $183,750 of principal by year 30	$0
Plus rental profits, invested at 7%$194,292 of profit by year 30, before investment growth	$378,580
What you'd walk away with	$937,578
If you put the same money in stocks
Cash to close ($68,600) invested at 7%	$522,201
Monthly shortfalls ($644 total by yr 30) investedThe money you'd have put into the building while it lost money	$4,522
What you'd walk away with	$526,722
Building minus stocks	$410,856

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$594,679
Minus 6% selling cost	−$35,681
Minus loan still owedTenants' rent paid down all $183,750 of principal by year 30	$0
Plus rental profits, invested at 7%$85,340 of profit by year 30, before investment growth	$133,876
What you'd walk away with	$692,874
If you put the same money in stocks
Cash to close ($68,600) invested at 7%	$522,201
Monthly shortfalls ($17,269 total by yr 30) investedThe money you'd have put into the building while it lost money	$101,965
What you'd walk away with	$624,166
Building minus stocks	$68,708

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$570,407
Minus 6% selling cost	−$34,224
Minus loan still owedTenants' rent paid down all $176,250 of principal by year 30	$0
Plus rental profits, invested at 7%$211,611 of profit by year 30, before investment growth	$430,619
What you'd walk away with	$966,801
If you put the same money in stocks
Cash to close ($65,800) invested at 7%	$500,886
Monthly shortfalls ($0 total by yr 30) investedThe money you'd have put into the building while it lost money	$0
What you'd walk away with	$500,886
Building minus stocks	$465,915

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$570,407
Minus 6% selling cost	−$34,224
Minus loan still owedTenants' rent paid down all $176,250 of principal by year 30	$0
Plus rental profits, invested at 7%$97,732 of profit by year 30, before investment growth	$160,041
What you'd walk away with	$696,223
If you put the same money in stocks
Cash to close ($65,800) invested at 7%	$500,886
Monthly shortfalls ($11,697 total by yr 30) investedThe money you'd have put into the building while it lost money	$71,570
What you'd walk away with	$572,456
Building minus stocks	$123,767

Future dollars. At 3% inflation, divide year-30 figures by about 2.4 for today's buying power. Rental profits are assumed invested, not spent.

30 years: this property vs. the same money in stocks

This propertyStocks at 7%

Year 30 (loan paid off): property $865K, stocks $453K. The property wins.

Comparable rentals

The closest rental listings with each unit's bedroom count, as of 2026-10-04. The estimate is the median asking rent of every rental we found nearby (the count is shown for each); houses are left out. Asking rents from Realtor.com rental listings, not signed leases.

4 bed estimate $1,625/mo · range $1,400–$2,025 · 33 rentals across Greater Minnesota

Address	Rent	Bd / Ba	Sq ft	Distance	Listed	Type
1102 28th Ave S, Moorhead	$1,750	4 / 2	1,400	1.6 mi	2025-03-29	Apartment
1320 27th Ave S, Moorhead	$1,750	4 / 2	1,400	1.6 mi	2026-08-20	Apartment
802 37th Ave S, Moorhead	$1,920	4 / 2.5	1,420	2.3 mi	2025-01-08	Apartment
3602-3890 19th St S, Moorhead	$2,345	4 / 2	2,176	2.7 mi	2025-11-07	Apartment
1805 7th Ave E, Alexandria	$1,895	5 / 2	1,450	96.0 mi	2025-01-07	Apartment
423 6th Ave S, Saint Cloud	$330	4 / 1	—	154.5 mi	2024-04-15	Apartment
817 6th Ave S Apt 303, Saint Cloud	$1,340	4 / 1	—	154.7 mi	2026-09-14	Apartment
800 11th St S, Saint Cloud	$1,395	4 / 2	—	154.7 mi	2025-08-30	Apartment
800 11th St S Apt 206, Saint Cloud	$1,355	4 / 2	1,100	154.7 mi	2025-03-31	Apartment
1010 6th Ave S Apt 301, Saint Cloud	$1,300	4 / 1	900	154.8 mi	2026-06-18	Apartment

3 bed estimate $975/mo · range $975–$1,025 · 5 rentals within 1.25 mi

Address	Rent	Bd / Ba	Sq ft	Distance	Listed	Type
915-18 1/2 St S, Moorhead	$945	3 / 2	1,035	1.0 mi	2025-01-03	Apartment
1011 18 1/2 St S, Moorhead	$925	3 / 1	—	1.0 mi	2025-12-25	Apartment
1802 12th Ave S, Moorhead	$925	3 / 1	—	1.1 mi	2025-12-25	Apartment
921 19th St S Apt 4, Moorhead	$1,000	3 / 1	850	1.1 mi	2026-09-27	Apartment
1810 12th Ave S, Moorhead	$925	3 / 1	—	1.1 mi	2026-06-24	Apartment

On the maps, this property and comparable rentals. Comparable rentals and rent estimate: Realtor.com rental listings. Rents are asking rents from listings; check them against the actual leases.

Red flags and opportunities

Watch for

mediumCouldn't match this address to a county parcel record, so taxes and unit count are unverified. Public record: County parcels: no match for 313 7TH ST S

Opportunities

None found.

Questions for the agent

Can we see the current leases and a rent roll, with move-in dates?
What did water/sewer/trash, heat and electric cost the owner over the last 12 months?
How old are the roof, boiler or furnaces, water heaters and electrical panels?
Is the building licensed as a rental for this many units, and when was the last city inspection?
Any special assessments pending, and will the seller pay them off at closing?

Standard questions worth asking about any building.

What the records say

Where each number comes from

Property tax / yr Listinglisting, tax year 2025. The tax the listing states. If the seller lives there it may be at the lower homestead rate; an investor owner pays the non-homestead rate, often 20–40% more on the owner's unit.	$4,134
Insurance / yr Estimateestimate. from units, square feet and age; get a quote	$2,970
Water, sewer, trash / mo Estimateestimate. $85/unit/mo, owner-paid	$170
Heat / mo Assumptionassumption. tenants pay heat; confirm with the agent	$0
Lawn care / mo Assumptionassumption. $120/mo for 6 months, spread over 12; no snow removal	$60
Repairs / capital reserve Rulerule. built 1900: +1 pt capital reserve	8% / 9%

Status history

2026-08-04Price increase at $245,000 (was $235,000) · from listing history
2026-08-04New at $245,000

From the listing Listing

Listed as	duplex up and down
Property tax, 2025	$4,134
County	Clay
Parcel number	585752380

As the listing states it (NorthstarMLS, via Realtor.com). We don't have county records here yet; check the tax, homestead status and special assessments with the county.

Crime, rental-license and vacant-building records are only available for St. Paul and Minneapolis so far. Check with Moorhead on rental licensing before you buy.