For saleMulti-family
$150,000
1535 2nd St NE
Rochester MN 55906
3 beds, 2 baths, 910 sqft
1535 2nd St NE is a 3 beds, 2 baths, 910 sqft multi-family home for sale at $150,000 in Rochester MN 55906. At 20% down it rents for an estimated $1,575/mo and returns $523/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
- $1,575/mo
- Monthly cash flow
- $523/mo
- Cap rate
- 10.7%
- Cash-on-cash
- 20.9%
- Max offer
- $150,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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