For saleSingle family
$499,900
2287 Phoenix Rd SW
Rochester MN 55902
5 beds, 3 baths, 2,830 sqft
2287 Phoenix Rd SW is a 5 beds, 3 baths, 2,830 sqft single family home for sale at $499,900 in Rochester MN 55902. At 20% down it rents for an estimated $4,900/mo and returns $1,331/mo a month at a 9.9% 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
- $4,900/mo
- Monthly cash flow
- $1,331/mo
- Cap rate
- 9.9%
- Cash-on-cash
- 16.0%
- Max offer
- $499,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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