For saleSingle family
$429,900
2515 Elmcroft Dr SW
Rochester MN 55902
4 beds, 3 baths, 2,080 sqft
2515 Elmcroft Dr SW is a 4 beds, 3 baths, 2,080 sqft single family home for sale at $429,900 in Rochester MN 55902. At 20% down it rents for an estimated $3,575/mo and returns $506/mo a month at a 8.1% 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
- $3,575/mo
- Monthly cash flow
- $506/mo
- Cap rate
- 8.1%
- Cash-on-cash
- 7.1%
- Max offer
- $422,000
Offer ≤ $422,000 (2% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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