For saleSingle family

$269,900

117 Shaubut St

Mankato MN 56001

4 beds, 2 baths, 2,526 sqft

117 Shaubut St is a 4 beds, 2 baths, 2,526 sqft single family home for sale at $269,900 in Mankato MN 56001. At 20% down it rents for an estimated $2,550/mo and returns $623/mo a month at a 9.4% 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
$2,550/mo
Monthly cash flow
$623/mo
Cap rate
9.4%
Cash-on-cash
13.9%
Max offer
$269,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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