For saleSingle family
$178,000
1530 3rd St NE
Rochester MN 55906
2 beds, 1 bath, 779 sqft
1530 3rd St NE is a 2 beds, 1 bath, 779 sqft single family home for sale at $178,000 in Rochester MN 55906. At 20% down it rents for an estimated $1,475/mo and returns $204/mo a month at a 8.0% 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
- $1,475/mo
- Monthly cash flow
- $204/mo
- Cap rate
- 8.0%
- Cash-on-cash
- 6.9%
- Max offer
- $174,000
Offer ≤ $174,000 (2% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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