For saleSingle family

$310,000

3814 Strathmore Ln SE

Rochester MN 55904

4 beds, 2 baths, 1,689 sqft

3814 Strathmore Ln SE is a 4 beds, 2 baths, 1,689 sqft single family home for sale at $310,000 in Rochester MN 55904. At 20% down it rents for an estimated $2,450/mo and returns $276/mo a month at a 7.6% 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
$2,450/mo
Monthly cash flow
$276/mo
Cap rate
7.6%
Cash-on-cash
5.3%
Max offer
$293,500

Offer ≤ $293,500 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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