For saleSingle family
$230,000
905 9th Ave NW
Rochester MN 55901
2 beds, 1 bath, 1,006 sqft
905 9th Ave NW is a 2 beds, 1 bath, 1,006 sqft single family home for sale at $230,000 in Rochester MN 55901. At 20% down it rents for an estimated $1,525/mo and returns -$117/mo a month at a 6.1% 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
- $1,525/mo
- Monthly cash flow
- -$117/mo
- Cap rate
- 6.1%
- Cash-on-cash
- -3.0%
- Max offer
- $180,000
Offer ≤ $180,000 (22% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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