For saleSingle family
$217,000
145 Rita Rd
Mankato MN 56001
4 beds, 2 baths, 1,760 sqft
145 Rita Rd is a 4 beds, 2 baths, 1,760 sqft single family home for sale at $217,000 in Mankato MN 56001. At 20% down it rents for an estimated $2,075/mo and returns $526/mo a month at a 9.6% 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
- $2,075/mo
- Monthly cash flow
- $526/mo
- Cap rate
- 9.6%
- Cash-on-cash
- 14.5%
- Max offer
- $217,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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