For saleMulti-family

$199,900

1009 E Center St

Rochester MN 55904

4 beds, 2 baths, 1,488 sqft

1009 E Center St is a 4 beds, 2 baths, 1,488 sqft multi-family home for sale at $199,900 in Rochester MN 55904. At 20% down it rents for an estimated $2,300/mo and returns $898/mo a month at a 11.9% 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
$2,300/mo
Monthly cash flow
$898/mo
Cap rate
11.9%
Cash-on-cash
27.0%
Max offer
$199,900

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

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