For saleSingle family
$530,365
143 Stonelake Dr SE
Rochester MN 55904
4 beds, 3 baths, 2,280 sqft
143 Stonelake Dr SE is a 4 beds, 3 baths, 2,280 sqft single family home for sale at $530,365 in Rochester MN 55904. At 20% down it rents for an estimated $3,000/mo and returns -$786/mo a month at a 4.9% 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
- -$786/mo
- Cap rate
- 4.9%
- Cash-on-cash
- -8.9%
- Max offer
- $355,000
Offer ≤ $355,000 (33% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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