For saleSingle family

$229,000

514 14th St NW

Rochester MN 55901

2 beds, 2 baths, 1,336 sqft

514 14th St NW is a 2 beds, 2 baths, 1,336 sqft single family home for sale at $229,000 in Rochester MN 55901. At 20% down it rents for an estimated $1,800/mo and returns $194/mo a month at a 7.5% 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
$1,800/mo
Monthly cash flow
$194/mo
Cap rate
7.5%
Cash-on-cash
5.1%
Max offer
$215,500

Offer ≤ $215,500 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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