For saleSingle family
$180,000
1526 N 4th St
Mankato MN 56001
3 beds, 2 baths, 2,366 sqft
1526 N 4th St is a 3 beds, 2 baths, 2,366 sqft single family home for sale at $180,000 in Mankato MN 56001. At 20% down it rents for an estimated $1,750/mo and returns $465/mo a month at a 9.8% 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
- $465/mo
- Cap rate
- 9.8%
- Cash-on-cash
- 15.5%
- Max offer
- $180,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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