For saleTownhouse
$205,000
29 Elton Ridge Ct NW
Rochester MN 55901
2 beds, 2 baths, 1,201 sqft
29 Elton Ridge Ct NW is a 2 beds, 2 baths, 1,201 sqft townhouse home for sale at $205,000 in Rochester MN 55901. At 20% down it rents for an estimated $1,500/mo and returns -$125/mo a month at a 5.9% 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
- $1,500/mo
- Monthly cash flow
- -$125/mo
- Cap rate
- 5.9%
- Cash-on-cash
- -3.7%
- Max offer
- $155,500
Offer ≤ $155,500 (24% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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