For saleMulti-family

$295,000

807 2nd St NW

Rochester MN 55901

3 beds, 2 baths, 1,580 sqft

807 2nd St NW is a 3 beds, 2 baths, 1,580 sqft multi-family home for sale at $295,000 in Rochester MN 55901. At 20% down it rents for an estimated $2,500/mo and returns $431/mo a month at a 8.3% 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
$2,500/mo
Monthly cash flow
$431/mo
Cap rate
8.3%
Cash-on-cash
8.8%
Max offer
$295,000

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

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