For saleSingle family

$179,900

215 18th St SE

Rochester MN 55904

3 beds, 1 bath, 1,074 sqft

215 18th St SE is a 3 beds, 1 bath, 1,074 sqft single family home for sale at $179,900 in Rochester MN 55904. At 20% down it rents for an estimated $1,675/mo and returns $391/mo a month at a 9.3% 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
$391/mo
Cap rate
9.3%
Cash-on-cash
13.0%
Max offer
$179,900

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

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