For saleCondo
$164,900
1826 Deerhaven Ln NE Apt 16
Rochester MN 55906
2 beds, 1 bath, 992 sqft
1826 Deerhaven Ln NE Apt 16 is a 2 beds, 1 bath, 992 sqft condo home for sale at $164,900 in Rochester MN 55906. At 20% down it rents for an estimated $1,575/mo and returns $194/mo a month at a 7.9% 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
- $1,575/mo
- Monthly cash flow
- $194/mo
- Cap rate
- 7.9%
- Cash-on-cash
- 7.1%
- Max offer
- $161,500
Offer ≤ $161,500 (2% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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