For saleSingle family
$155,000
212 E Rock St
Mankato MN 56001
2 beds, 2 baths, 1,604 sqft
212 E Rock St is a 2 beds, 2 baths, 1,604 sqft single family home for sale at $155,000 in Mankato MN 56001. At 20% down it rents for an estimated $1,400/mo and returns $293/mo a month at a 8.9% 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
- $1,400/mo
- Monthly cash flow
- $293/mo
- Cap rate
- 8.9%
- Cash-on-cash
- 11.4%
- Max offer
- $155,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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