For saleSingle family
$465,000
6222 Cody Pl NW
Rochester MN 55901
3 beds, 2.5 baths, 1,814 sqft
6222 Cody Pl NW is a 3 beds, 2.5 baths, 1,814 sqft single family home for sale at $465,000 in Rochester MN 55901. At 20% down it rents for an estimated $2,375/mo and returns -$945/mo a month at a 4.2% 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
- $2,375/mo
- Monthly cash flow
- -$945/mo
- Cap rate
- 4.2%
- Cash-on-cash
- -12.2%
- Max offer
- $281,500
Offer ≤ $281,500 (39% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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