For saleTownhouse
$165,000
3945 18th Ave NW
Rochester MN 55901
2 beds, 1.5 baths, 1,026 sqft
3945 18th Ave NW is a 2 beds, 1.5 baths, 1,026 sqft townhouse home for sale at $165,000 in Rochester MN 55901. At 20% down it rents for an estimated $1,500/mo and returns $182/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
- $1,500/mo
- Monthly cash flow
- $182/mo
- Cap rate
- 8.0%
- Cash-on-cash
- 6.6%
- Max offer
- $160,000
Offer ≤ $160,000 (3% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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