For saleMulti-family

$221,999

712 8th Ave SE

Rochester MN 55904

4 beds, 2 baths, 1,428 sqft

712 8th Ave SE is a 4 beds, 2 baths, 1,428 sqft multi-family home for sale at $221,999 in Rochester MN 55904. At 20% down it rents for an estimated $2,300/mo and returns $743/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
$2,300/mo
Monthly cash flow
$743/mo
Cap rate
10.5%
Cash-on-cash
20.1%
Max offer
$221,999

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

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