For saleSingle family
$340,000
2113 3rd Ave SE
Rochester MN 55904
5 beds, 3 baths, 2,508 sqft
2113 3rd Ave SE is a 5 beds, 3 baths, 2,508 sqft single family home for sale at $340,000 in Rochester MN 55904. At 20% down it rents for an estimated $2,850/mo and returns $423/mo a month at a 8.2% 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
- $2,850/mo
- Monthly cash flow
- $423/mo
- Cap rate
- 8.2%
- Cash-on-cash
- 7.5%
- Max offer
- $336,000
Offer ≤ $336,000 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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