For saleSingle family

$189,900

1248 7th Ave SE

Rochester MN 55904

3 beds, 2 baths, 985 sqft

1248 7th Ave SE is a 3 beds, 2 baths, 985 sqft single family home for sale at $189,900 in Rochester MN 55904. At 20% down it rents for an estimated $1,675/mo and returns $343/mo a month at a 8.7% 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
$1,675/mo
Monthly cash flow
$343/mo
Cap rate
8.7%
Cash-on-cash
10.8%
Max offer
$189,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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