For saleSingle family
$285,000
711 15th Ave NE
Rochester MN 55906
4 beds, 2 baths, 1,660 sqft
711 15th Ave NE is a 4 beds, 2 baths, 1,660 sqft single family home for sale at $285,000 in Rochester MN 55906. At 20% down it rents for an estimated $2,250/mo and returns $215/mo a month at a 7.6% 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
- $2,250/mo
- Monthly cash flow
- $215/mo
- Cap rate
- 7.6%
- Cash-on-cash
- 4.5%
- Max offer
- $265,500
Offer ≤ $265,500 (7% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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