For saleSingle family

$625,000

1657 Century Ridge Ln NE

Rochester MN 55906

5 beds, 3 baths, 2,745 sqft

1657 Century Ridge Ln NE is a 5 beds, 3 baths, 2,745 sqft single family home for sale at $625,000 in Rochester MN 55906. At 20% down it rents for an estimated $2,575/mo and returns -$1,887/mo a month at a 3.0% 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
$2,575/mo
Monthly cash flow
-$1,887/mo
Cap rate
3.0%
Cash-on-cash
-18.1%
Max offer
$306,000

Offer ≤ $306,000 (51% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading