For saleMulti-family
$500,000
1347 6th Ave SE
Rochester MN 55904
7 beds, 4 baths, 3,520 sqft
1347 6th Ave SE is a 7 beds, 4 baths, 3,520 sqft multi-family home for sale at $500,000 in Rochester MN 55904. At 20% down it rents for an estimated $4,450/mo and returns $881/mo a month at a 8.8% 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
- $4,450/mo
- Monthly cash flow
- $881/mo
- Cap rate
- 8.8%
- Cash-on-cash
- 10.6%
- Max offer
- $500,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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