For saleMulti-family

$400,000

849 11 1/2 St SW

Rochester MN 55902

4 beds, 2 baths, 1,560 sqft

849 11 1/2 St SW is a 4 beds, 2 baths, 1,560 sqft multi-family home for sale at $400,000 in Rochester MN 55902. At 20% down it rents for an estimated $3,150/mo and returns $345/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
$3,150/mo
Monthly cash flow
$345/mo
Cap rate
7.5%
Cash-on-cash
5.2%
Max offer
$377,000

Offer ≤ $377,000 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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