For saleSingle family
$125,000
1017 N 6th St
Mankato MN 56001
3 beds, 1 bath, 1,653 sqft
1017 N 6th St is a 3 beds, 1 bath, 1,653 sqft single family home for sale at $125,000 in Mankato MN 56001. At 20% down it rents for an estimated $1,275/mo and returns $383/mo a month at a 10.3% 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
- $1,275/mo
- Monthly cash flow
- $383/mo
- Cap rate
- 10.3%
- Cash-on-cash
- 18.4%
- Max offer
- $125,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading