For saleMulti-family
$375,000
403 8 1/2 Ave NW
Rochester MN 55901
5 beds, 2 baths, 2,250 sqft
403 8 1/2 Ave NW is a 5 beds, 2 baths, 2,250 sqft multi-family home for sale at $375,000 in Rochester MN 55901. At 20% down it rents for an estimated $4,200/mo and returns $1,570/mo a month at a 11.5% 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
- $4,200/mo
- Monthly cash flow
- $1,570/mo
- Cap rate
- 11.5%
- Cash-on-cash
- 25.1%
- Max offer
- $375,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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