For saleCondo
$138,500
535 19th St NW Apt 11
Rochester MN 55901
2 beds, 1 bath, 922 sqft
535 19th St NW Apt 11 is a 2 beds, 1 bath, 922 sqft condo home for sale at $138,500 in Rochester MN 55901. At 20% down it rents for an estimated $1,500/mo and returns $130/mo a month at a 7.8% 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
- $130/mo
- Cap rate
- 7.8%
- Cash-on-cash
- 5.6%
- Max offer
- $131,500
Offer ≤ $131,500 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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