For saleSingle family
$685,000
306 65th Ave SE
Rochester MN 55904
3 beds, 2 baths, 2,000 sqft
306 65th Ave SE is a 3 beds, 2 baths, 2,000 sqft single family home for sale at $685,000 in Rochester MN 55904. At 20% down it rents for an estimated $2,650/mo and returns -$2,240/mo a month at a 2.7% 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
- $2,650/mo
- Monthly cash flow
- -$2,240/mo
- Cap rate
- 2.7%
- Cash-on-cash
- -19.6%
- Max offer
- $315,000
Offer ≤ $315,000 (54% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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