For saleSingle family
$299,900
1404 12th Ave NE
Rochester MN 55906
4 beds, 2 baths, 1,815 sqft
1404 12th Ave NE is a 4 beds, 2 baths, 1,815 sqft single family home for sale at $299,900 in Rochester MN 55906. At 20% down it rents for an estimated $2,350/mo and returns $247/mo a month at a 7.5% 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
- $2,350/mo
- Monthly cash flow
- $247/mo
- Cap rate
- 7.5%
- Cash-on-cash
- 4.9%
- Max offer
- $281,500
Offer ≤ $281,500 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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