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 $2,300/mo and returns $301/mo a month at a 7.8% 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
- $2,300/mo
- Monthly cash flow
- $301/mo
- Cap rate
- 7.8%
- Cash-on-cash
- 6.3%
- Max offer
- $275,500
Offer ≤ $275,500 (3% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.