For saleSingle family
$249,900
1115 1st Ave SE
Rochester MN 55904
4 beds, 2 baths, 1,976 sqft
1115 1st Ave SE is a 4 beds, 2 baths, 1,976 sqft single family home for sale at $249,900 in Rochester MN 55904. At 20% down it rents for an estimated $2,200/mo and returns $416/mo a month at a 8.7% 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
- $2,200/mo
- Monthly cash flow
- $416/mo
- Cap rate
- 8.7%
- Cash-on-cash
- 10.0%
- Max offer
- $249,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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