For saleMulti-family
$345,000
702 9th St SE
Rochester MN 55904
5 beds, 3 baths, 2,710 sqft
702 9th St SE is a 5 beds, 3 baths, 2,710 sqft multi-family home for sale at $345,000 in Rochester MN 55904. At 20% down it rents for an estimated $2,950/mo and returns $487/mo a month at a 8.4% 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
- $2,950/mo
- Monthly cash flow
- $487/mo
- Cap rate
- 8.4%
- Cash-on-cash
- 8.5%
- Max offer
- $345,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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