For saleSingle family
$195,000
1921 Greenfield Ln SW Apt A
Rochester MN 55902
2 beds, 2 baths, 1,012 sqft
1921 Greenfield Ln SW Apt A is a 2 beds, 2 baths, 1,012 sqft single family home for sale at $195,000 in Rochester MN 55902. At 20% down it rents for an estimated $1,500/mo and returns $108/mo a month at a 7.3% 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
- $1,500/mo
- Monthly cash flow
- $108/mo
- Cap rate
- 7.3%
- Cash-on-cash
- 3.3%
- Max offer
- $177,000
Offer ≤ $177,000 (9% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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