For saleSingle family
$210,000
412 W 2nd St
Mankato MN 56001
4 beds, 1 bath, 1,830 sqft
412 W 2nd St is a 4 beds, 1 bath, 1,830 sqft single family home for sale at $210,000 in Mankato MN 56001. At 20% down it rents for an estimated $2,000/mo and returns $501/mo a month at a 9.5% 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
- $2,000/mo
- Monthly cash flow
- $501/mo
- Cap rate
- 9.5%
- Cash-on-cash
- 14.3%
- Max offer
- $210,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading