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 $2,750/mo and returns $365/mo a month at a 7.8% 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
- $2,750/mo
- Monthly cash flow
- $365/mo
- Cap rate
- 7.8%
- Cash-on-cash
- 6.4%
- Max offer
- $329,000
Offer ≤ $329,000 (3% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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