For saleSingle family

$319,770

1533 Damon Ct SE

Rochester MN 55904

4 beds, 2 baths, 2,215 sqft

1533 Damon Ct SE is a 4 beds, 2 baths, 2,215 sqft single family home for sale at $319,770 in Rochester MN 55904. At 20% down it rents for an estimated $2,400/mo and returns $157/mo a month at a 7.1% 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
$2,400/mo
Monthly cash flow
$157/mo
Cap rate
7.1%
Cash-on-cash
3.0%
Max offer
$287,500

Offer ≤ $287,500 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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