For saleMulti-family
$275,000
1013 9th St NE
Rochester MN 55906
3 beds, 2 baths, 1,400 sqft
1013 9th St NE is a 3 beds, 2 baths, 1,400 sqft multi-family home for sale at $275,000 in Rochester MN 55906. At 20% down it rents for an estimated $3,300/mo and returns $1,371/mo a month at a 12.5% 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
- $3,300/mo
- Monthly cash flow
- $1,371/mo
- Cap rate
- 12.5%
- Cash-on-cash
- 29.9%
- Max offer
- $275,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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