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 $1,850/mo and returns $358/mo a month at a 8.7% 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
- $1,850/mo
- Monthly cash flow
- $358/mo
- Cap rate
- 8.7%
- Cash-on-cash
- 10.3%
- Max offer
- $209,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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