For saleSingle family
$749,900
2565 Northridge Ln NE
Rochester MN 55906
7 beds, 5 baths, 4,911 sqft
2565 Northridge Ln NE is a 7 beds, 5 baths, 4,911 sqft single family home for sale at $749,900 in Rochester MN 55906. At 20% down it rents for an estimated $2,650/mo and returns -$2,703/mo a month at a 2.3% 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
- $2,650/mo
- Monthly cash flow
- -$2,703/mo
- Cap rate
- 2.3%
- Cash-on-cash
- -21.6%
- Max offer
- $315,500
Offer ≤ $315,500 (58% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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