For saleSingle family

$215,000

2034 24th St NW

Rochester MN 55901

3 beds, 1 bath, 960 sqft

2034 24th St NW is a 3 beds, 1 bath, 960 sqft single family home for sale at $215,000 in Rochester MN 55901. At 20% down it rents for an estimated $1,850/mo and returns $315/mo a month at a 8.4% 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
$1,850/mo
Monthly cash flow
$315/mo
Cap rate
8.4%
Cash-on-cash
8.8%
Max offer
$215,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

Loading