For saleSingle family

$349,900

2312 21st Ave SE

Rochester MN 55904

4 beds, 3 baths, 1,956 sqft

2312 21st Ave SE is a 4 beds, 3 baths, 1,956 sqft single family home for sale at $349,900 in Rochester MN 55904. At 20% down it rents for an estimated $2,575/mo and returns $121/mo a month at a 6.9% 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
$2,575/mo
Monthly cash flow
$121/mo
Cap rate
6.9%
Cash-on-cash
2.1%
Max offer
$308,500

Offer ≤ $308,500 (12% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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