For saleSingle family
$217,900
818 9th Ave SE
Rochester MN 55904
3 beds, 1 bath, 1,232 sqft
818 9th Ave SE is a 3 beds, 1 bath, 1,232 sqft single family home for sale at $217,900 in Rochester MN 55904. At 20% down it rents for an estimated $1,700/mo and returns $144/mo a month at a 7.5% 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
- $1,700/mo
- Monthly cash flow
- $144/mo
- Cap rate
- 7.5%
- Cash-on-cash
- 4.0%
- Max offer
- $200,500
Offer ≤ $200,500 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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