For saleSingle family

$210,000

192 Long St

Mankato MN 56001

3 beds, 1.5 baths, 1,443 sqft

192 Long St is a 3 beds, 1.5 baths, 1,443 sqft single family home for sale at $210,000 in Mankato MN 56001. At 20% down it rents for an estimated $1,650/mo and returns $177/mo a month at a 7.5% 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
$1,650/mo
Monthly cash flow
$177/mo
Cap rate
7.5%
Cash-on-cash
5.1%
Max offer
$197,500

Offer ≤ $197,500 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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