For saleSingle family
$285,000
415 23rd Ave SW
Rochester MN 55902
3 beds, 2 baths, 1,248 sqft
415 23rd Ave SW is a 3 beds, 2 baths, 1,248 sqft single family home for sale at $285,000 in Rochester MN 55902. At 20% down it rents for an estimated $2,300/mo and returns $265/mo a month at a 7.8% 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
- $265/mo
- Cap rate
- 7.8%
- Cash-on-cash
- 5.6%
- Max offer
- $271,500
Offer ≤ $271,500 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading