For saleSingle family
$224,900
1520 5th St NE
Rochester MN 55906
2 beds, 1 bath, 705 sqft
1520 5th St NE is a 2 beds, 1 bath, 705 sqft single family home for sale at $224,900 in Rochester MN 55906. At 20% down it rents for an estimated $1,550/mo and returns -$56/mo a month at a 6.4% 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
- $1,550/mo
- Monthly cash flow
- -$56/mo
- Cap rate
- 6.4%
- Cash-on-cash
- -1.5%
- Max offer
- $183,000
Offer ≤ $183,000 (19% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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