For saleSingle family
$289,900
967 16 1/4 St SE
Rochester MN 55904
3 beds, 2 baths, 1,872 sqft
967 16 1/4 St SE is a 3 beds, 2 baths, 1,872 sqft single family home for sale at $289,900 in Rochester MN 55904. At 20% down it rents for an estimated $1,675/mo and returns -$395/mo a month at a 5.0% 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
- $1,675/mo
- Monthly cash flow
- -$395/mo
- Cap rate
- 5.0%
- Cash-on-cash
- -8.2%
- Max offer
- $198,000
Offer ≤ $198,000 (32% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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