For saleSingle family
$579,000
3788 18th St SE
Rochester MN 55904
4 beds, 2.5 baths, 2,442 sqft
3788 18th St SE is a 4 beds, 2.5 baths, 2,442 sqft single family home for sale at $579,000 in Rochester MN 55904. At 20% down it rents for an estimated $3,000/mo and returns -$1,133/mo a month at a 4.3% 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
- -$1,133/mo
- Cap rate
- 4.3%
- Cash-on-cash
- -11.7%
- Max offer
- $355,500
Offer ≤ $355,500 (39% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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