For saleSingle family
$305,000
417 21st Ave SW
Rochester MN 55902
3 beds, 2 baths, 1,900 sqft
417 21st Ave SW is a 3 beds, 2 baths, 1,900 sqft single family home for sale at $305,000 in Rochester MN 55902. At 20% down it rents for an estimated $2,300/mo and returns $123/mo a month at a 7.1% 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
- $123/mo
- Cap rate
- 7.1%
- Cash-on-cash
- 2.4%
- Max offer
- $271,500
Offer ≤ $271,500 (11% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading