For saleSingle family
$159,000
1621 N 4th St
Mankato MN 56001
3 beds, 1 bath, 2,878 sqft
1621 N 4th St is a 3 beds, 1 bath, 2,878 sqft single family home for sale at $159,000 in Mankato MN 56001. At 20% down it rents for an estimated $1,750/mo and returns $615/mo a month at a 11.3% 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
- $1,750/mo
- Monthly cash flow
- $615/mo
- Cap rate
- 11.3%
- Cash-on-cash
- 23.2%
- Max offer
- $159,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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