For saleMulti-family
$299,900
904 1st St SE
Rochester MN 55904
3 beds, 3 baths, 1,792 sqft
904 1st St SE is a 3 beds, 3 baths, 1,792 sqft multi-family home for sale at $299,900 in Rochester MN 55904. At 20% down it rents for an estimated $3,100/mo and returns $959/mo a month at a 10.5% 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
- $3,100/mo
- Monthly cash flow
- $959/mo
- Cap rate
- 10.5%
- Cash-on-cash
- 19.2%
- Max offer
- $299,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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