For saleSingle family
$357,000
2516 58th St NW
Rochester MN 55901
4 beds, 3 baths, 2,284 sqft
2516 58th St NW is a 4 beds, 3 baths, 2,284 sqft single family home for sale at $357,000 in Rochester MN 55901. At 20% down it rents for an estimated $2,225/mo and returns -$324/mo a month at a 5.6% 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
- $2,225/mo
- Monthly cash flow
- -$324/mo
- Cap rate
- 5.6%
- Cash-on-cash
- -5.4%
- Max offer
- $263,000
Offer ≤ $263,000 (26% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading