For saleMulti-family

$354,900

926 2nd St NW

Rochester MN 55901

4 beds, 2 baths, 2,016 sqft

926 2nd St NW is a 4 beds, 2 baths, 2,016 sqft multi-family home for sale at $354,900 in Rochester MN 55901. At 20% down it rents for an estimated $3,050/mo and returns $516/mo a month at a 8.4% 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
$3,050/mo
Monthly cash flow
$516/mo
Cap rate
8.4%
Cash-on-cash
8.7%
Max offer
$354,900

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

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