For saleSingle family

$364,900

427 21st Ave SW

Rochester MN 55902

3 beds, 2 baths, 1,722 sqft

427 21st Ave SW is a 3 beds, 2 baths, 1,722 sqft single family home for sale at $364,900 in Rochester MN 55902. At 20% down it rents for an estimated $2,300/mo and returns -$305/mo a month at a 5.7% 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
$2,300/mo
Monthly cash flow
-$305/mo
Cap rate
5.7%
Cash-on-cash
-5.0%
Max offer
$272,000

Offer ≤ $272,000 (25% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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