For saleSingle family
$126,000
1131 N 7th St
Mankato MN 56001
2 beds, 1 bath, 1,776 sqft
1131 N 7th St is a 2 beds, 1 bath, 1,776 sqft single family home for sale at $126,000 in Mankato MN 56001. At 20% down it rents for an estimated $925/mo and returns $41/mo a month at a 6.9% 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
- $925/mo
- Monthly cash flow
- $41/mo
- Cap rate
- 6.9%
- Cash-on-cash
- 2.0%
- Max offer
- $110,500
Offer ≤ $110,500 (12% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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