For saleSingle family
$149,900
118 E Spring St
Mankato MN 56001
2 beds, 1 bath, 1,680 sqft
118 E Spring St is a 2 beds, 1 bath, 1,680 sqft single family home for sale at $149,900 in Mankato MN 56001. At 20% down it rents for an estimated $1,200/mo and returns $149/mo a month at a 7.7% 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
- $1,200/mo
- Monthly cash flow
- $149/mo
- Cap rate
- 7.7%
- Cash-on-cash
- 6.0%
- Max offer
- $143,500
Offer ≤ $143,500 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.