For saleSingle family

$229,900

230 10th Ave NE

Rochester MN 55906

3 beds, 1.5 baths, 1,322 sqft

230 10th Ave NE is a 3 beds, 1.5 baths, 1,322 sqft single family home for sale at $229,900 in Rochester MN 55906. At 20% down it rents for an estimated $1,850/mo and returns $238/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
$1,850/mo
Monthly cash flow
$238/mo
Cap rate
7.8%
Cash-on-cash
6.2%
Max offer
$221,500

Offer ≤ $221,500 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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