For saleSingle family
$365,000
2423 59th St NW
Rochester MN 55901
5 beds, 2 baths, 1,957 sqft
2423 59th St NW is a 5 beds, 2 baths, 1,957 sqft single family home for sale at $365,000 in Rochester MN 55901. At 20% down it rents for an estimated $2,600/mo and returns $40/mo a month at a 6.6% 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
- $2,600/mo
- Monthly cash flow
- $40/mo
- Cap rate
- 6.6%
- Cash-on-cash
- 0.7%
- Max offer
- $311,500
Offer ≤ $311,500 (15% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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