For saleMulti-family
$295,000
215 6th St NW
Rochester MN 55901
4 beds, 2 baths, 1,366 sqft
215 6th St NW is a 4 beds, 2 baths, 1,366 sqft multi-family home for sale at $295,000 in Rochester MN 55901. At 20% down it rents for an estimated $3,200/mo and returns $1,094/mo a month at a 11.1% 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
- $3,200/mo
- Monthly cash flow
- $1,094/mo
- Cap rate
- 11.1%
- Cash-on-cash
- 22.3%
- Max offer
- $295,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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