For saleSingle family
$1,350,000
2702 Mayo Prairie Ln SW
Rochester MN 55902
5 beds, 3.5 baths, 5,169 sqft
2702 Mayo Prairie Ln SW is a 5 beds, 3.5 baths, 5,169 sqft single family home for sale at $1,350,000 in Rochester MN 55902. At 20% down it rents for an estimated $4,900/mo and returns -$4,737/mo a month at a 2.5% 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
- $4,900/mo
- Monthly cash flow
- -$4,737/mo
- Cap rate
- 2.5%
- Cash-on-cash
- -21.1%
- Max offer
- $583,000
Offer ≤ $583,000 (57% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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