For saleSingle family
$179,900
1119 2nd St NE
Rochester MN 55906
1 bed, 1 bath, 984 sqft
1119 2nd St NE is a 1 bed, 1 bath, 984 sqft single family home for sale at $179,900 in Rochester MN 55906. At 20% down it rents for an estimated $1,400/mo and returns $138/mo a month at a 7.4% 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
- $1,400/mo
- Monthly cash flow
- $138/mo
- Cap rate
- 7.4%
- Cash-on-cash
- 4.6%
- Max offer
- $167,500
Offer ≤ $167,500 (7% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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