For saleSingle family
$344,000
6209 24th Ave NW
Rochester MN 55901
5 beds, 2 baths, 2,156 sqft
6209 24th Ave NW is a 5 beds, 2 baths, 2,156 sqft single family home for sale at $344,000 in Rochester MN 55901. At 20% down it rents for an estimated $2,600/mo and returns $187/mo a month at a 7.2% 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
- $2,600/mo
- Monthly cash flow
- $187/mo
- Cap rate
- 7.2%
- Cash-on-cash
- 3.3%
- Max offer
- $311,500
Offer ≤ $311,500 (9% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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