For saleMulti-family
$255,000
119 8th Ave SE
Rochester MN 55904
3 beds, 2 baths, 1,496 sqft
119 8th Ave SE is a 3 beds, 2 baths, 1,496 sqft multi-family home for sale at $255,000 in Rochester MN 55904. At 20% down it rents for an estimated $2,350/mo and returns $562/mo a month at a 9.2% 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
- $2,350/mo
- Monthly cash flow
- $562/mo
- Cap rate
- 9.2%
- Cash-on-cash
- 13.2%
- Max offer
- $255,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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