For saleSingle family
$285,000
1003 9th Ave NW
Rochester MN 55901
3 beds, 2 baths, 2,061 sqft
1003 9th Ave NW is a 3 beds, 2 baths, 2,061 sqft single family home for sale at $285,000 in Rochester MN 55901. At 20% down it rents for an estimated $2,025/mo and returns $26/mo a month at a 6.6% 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
- $2,025/mo
- Monthly cash flow
- $26/mo
- Cap rate
- 6.6%
- Cash-on-cash
- 0.5%
- Max offer
- $242,500
Offer ≤ $242,500 (15% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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