For saleCondo

$99,900

2011 Viking Dr NW Apt 15

Rochester MN 55901

2 beds, 1 bath

2011 Viking Dr NW Apt 15 is a 2 beds, 1 bath condo home for sale at $99,900 in Rochester MN 55901. At 20% down it rents for an estimated $1,500/mo and returns $395/mo a month at a 11.3% 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
$1,500/mo
Monthly cash flow
$395/mo
Cap rate
11.3%
Cash-on-cash
23.7%
Max offer
$99,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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