For saleSingle family
$340,000
5299 56th Ave NW
Rochester MN 55901
4 beds, 2 baths, 1,789 sqft
5299 56th Ave NW is a 4 beds, 2 baths, 1,789 sqft single family home for sale at $340,000 in Rochester MN 55901. At 20% down it rents for an estimated $2,400/mo and returns -$27/mo a month at a 6.6% 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
- $2,400/mo
- Monthly cash flow
- -$27/mo
- Cap rate
- 6.6%
- Cash-on-cash
- -0.5%
- Max offer
- $283,500
Offer ≤ $283,500 (17% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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