For saleCondo

$95,000

1911 Viking Dr NW Apt 17

Rochester MN 55901

1 bed, 1 bath, 693 sqft

1911 Viking Dr NW Apt 17 is a 1 bed, 1 bath, 693 sqft condo home for sale at $95,000 in Rochester MN 55901. At 20% down it rents for an estimated $1,400/mo and returns $332/mo a month at a 10.7% 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
$1,400/mo
Monthly cash flow
$332/mo
Cap rate
10.7%
Cash-on-cash
21.0%
Max offer
$95,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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