For saleSingle family

$164,900

129 W Ruth St

Mankato MN 56001

4 beds, 2 baths, 2,998 sqft

129 W Ruth St is a 4 beds, 2 baths, 2,998 sqft single family home for sale at $164,900 in Mankato MN 56001. At 20% down it rents for an estimated $2,000/mo and returns $823/mo a month at a 12.7% 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
$2,000/mo
Monthly cash flow
$823/mo
Cap rate
12.7%
Cash-on-cash
29.9%
Max offer
$164,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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