For saleSingle family
$289,900
2114 51st St NW
Rochester MN 55901
3 beds, 2 baths, 2,148 sqft
2114 51st St NW is a 3 beds, 2 baths, 2,148 sqft single family home for sale at $289,900 in Rochester MN 55901. At 20% down it rents for an estimated $1,700/mo and returns -$370/mo a month at a 5.1% 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
- $1,700/mo
- Monthly cash flow
- -$370/mo
- Cap rate
- 5.1%
- Cash-on-cash
- -7.6%
- Max offer
- $201,000
Offer ≤ $201,000 (31% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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