For saleSingle family
$515,000
1915 Folwell Dr SW
Rochester MN 55902
4 beds, 3.5 baths, 3,148 sqft
1915 Folwell Dr SW is a 4 beds, 3.5 baths, 3,148 sqft single family home for sale at $515,000 in Rochester MN 55902. At 20% down it rents for an estimated $2,575/mo and returns -$1,101/mo a month at a 4.1% 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
- $2,575/mo
- Monthly cash flow
- -$1,101/mo
- Cap rate
- 4.1%
- Cash-on-cash
- -12.8%
- Max offer
- $305,000
Offer ≤ $305,000 (41% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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