For saleSingle family
$265,000
724 14th Ave NE
Rochester MN 55906
3 beds, 1 bath, 1,665 sqft
724 14th Ave NE is a 3 beds, 1 bath, 1,665 sqft single family home for sale at $265,000 in Rochester MN 55906. At 20% down it rents for an estimated $2,000/mo and returns $141/mo a month at a 7.2% 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
- $2,000/mo
- Monthly cash flow
- $141/mo
- Cap rate
- 7.2%
- Cash-on-cash
- 3.2%
- Max offer
- $239,500
Offer ≤ $239,500 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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