For saleSingle family
$344,900
2000 23 1/2 St SE
Rochester MN 55904
4 beds, 2 baths, 1,840 sqft
2000 23 1/2 St SE is a 4 beds, 2 baths, 1,840 sqft single family home for sale at $344,900 in Rochester MN 55904. At 20% down it rents for an estimated $3,000/mo and returns $538/mo a month at a 8.5% 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
- $3,000/mo
- Monthly cash flow
- $538/mo
- Cap rate
- 8.5%
- Cash-on-cash
- 9.4%
- Max offer
- $344,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading