For saleMulti-family

$209,000

210 E Thompson St

Mankato MN 56001

4 beds, 2 baths

210 E Thompson St is a 4 beds, 2 baths multi-family home for sale at $209,000 in Mankato MN 56001. At 20% down it rents for an estimated $3,050/mo and returns $1,584/mo a month at a 15.6% 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
$3,050/mo
Monthly cash flow
$1,584/mo
Cap rate
15.6%
Cash-on-cash
45.5%
Max offer
$209,000

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

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