For saleSingle family
$585,000
2260 Starburst Dr SW
Rochester MN 55902
5 beds, 3 baths, 2,843 sqft
2260 Starburst Dr SW is a 5 beds, 3 baths, 2,843 sqft single family home for sale at $585,000 in Rochester MN 55902. At 20% down it rents for an estimated $4,900/mo and returns $724/mo a month at a 8.2% 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
- $4,900/mo
- Monthly cash flow
- $724/mo
- Cap rate
- 8.2%
- Cash-on-cash
- 7.4%
- Max offer
- $578,000
Offer ≤ $578,000 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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