For saleSingle family
$388,000
4239 1st St NW
Rochester MN 55901
4 beds, 3 baths, 2,033 sqft
4239 1st St NW is a 4 beds, 3 baths, 2,033 sqft single family home for sale at $388,000 in Rochester MN 55901. At 20% down it rents for an estimated $3,000/mo and returns $230/mo a month at a 7.4% 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
- $3,000/mo
- Monthly cash flow
- $230/mo
- Cap rate
- 7.4%
- Cash-on-cash
- 3.6%
- Max offer
- $354,000
Offer ≤ $354,000 (9% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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