For saleSingle family
$449,900
2112 Parkwood Hills Dr NE
Rochester MN 55906
4 beds, 3.5 baths, 3,200 sqft
2112 Parkwood Hills Dr NE is a 4 beds, 3.5 baths, 3,200 sqft single family home for sale at $449,900 in Rochester MN 55906. At 20% down it rents for an estimated $2,225/mo and returns -$987/mo a month at a 4.0% 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
- $2,225/mo
- Monthly cash flow
- -$987/mo
- Cap rate
- 4.0%
- Cash-on-cash
- -13.2%
- Max offer
- $263,500
Offer ≤ $263,500 (41% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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