For saleSingle family

$140,000

1630 2nd St SE

Rochester MN 55904

2 beds, 1 bath, 908 sqft

1630 2nd St SE is a 2 beds, 1 bath, 908 sqft single family home for sale at $140,000 in Rochester MN 55904. At 20% down it rents for an estimated $1,475/mo and returns $476/mo a month at a 10.7% 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
$1,475/mo
Monthly cash flow
$476/mo
Cap rate
10.7%
Cash-on-cash
20.4%
Max offer
$140,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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