For saleCondo
$212,000
121 14th St NE Apt 203
Rochester MN 55906
1 bed, 2 baths, 1,312 sqft
121 14th St NE Apt 203 is a 1 bed, 2 baths, 1,312 sqft condo home for sale at $212,000 in Rochester MN 55906. At 20% down it rents for an estimated $1,100/mo and returns -$966/mo a month at a 1.2% 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
- $1,100/mo
- Monthly cash flow
- -$966/mo
- Cap rate
- 1.2%
- Cash-on-cash
- -27.3%
- Max offer
- $57,000
Offer ≤ $57,000 (73% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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