For saleMulti-family
$500,000
1341 6th Ave SE
Rochester MN 55904
7 beds, 4 baths, 3,520 sqft
1341 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 $4,600/mo and returns $1,031/mo a month at a 9.1% 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
- $4,600/mo
- Monthly cash flow
- $1,031/mo
- Cap rate
- 9.1%
- Cash-on-cash
- 12.4%
- Max offer
- $500,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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