For saleTownhouse
$400,000
868 Southern Ridge Dr SW
Rochester MN 55902
2 beds, 2 baths, 1,485 sqft
868 Southern Ridge Dr SW is a 2 beds, 2 baths, 1,485 sqft townhouse home for sale at $400,000 in Rochester MN 55902. At 20% down it rents for an estimated $1,250/mo and returns -$1,657/mo a month at a 1.7% 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
- $1,250/mo
- Monthly cash flow
- -$1,657/mo
- Cap rate
- 1.7%
- Cash-on-cash
- -24.9%
- Max offer
- $128,500
Offer ≤ $128,500 (68% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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