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 $2,700/mo and returns $597/mo a month at a 8.9% 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
$2,700/mo
Monthly cash flow
$597/mo
Cap rate
8.9%
Cash-on-cash
11.9%
Max offer
$299,900

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

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