For saleSingle family

$220,000

904 14th Ave NE

Rochester MN 55906

3 beds, 1 bath, 972 sqft

904 14th Ave NE is a 3 beds, 1 bath, 972 sqft single family home for sale at $220,000 in Rochester MN 55906. At 20% down it rents for an estimated $1,950/mo and returns $407/mo a month at a 8.7% 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
$1,950/mo
Monthly cash flow
$407/mo
Cap rate
8.7%
Cash-on-cash
11.1%
Max offer
$220,000

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

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