For saleSingle family

$329,900

2640 59th St NW

Rochester MN 55901

4 beds, 2 baths, 1,541 sqft

2640 59th St NW is a 4 beds, 2 baths, 1,541 sqft single family home for sale at $329,900 in Rochester MN 55901. At 20% down it rents for an estimated $2,425/mo and returns $111/mo a month at a 6.9% 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
$2,425/mo
Monthly cash flow
$111/mo
Cap rate
6.9%
Cash-on-cash
2.0%
Max offer
$290,500

Offer ≤ $290,500 (12% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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