For saleSingle family
$264,900
703 Warren St
Mankato MN 56001
4 beds, 2 baths, 1,440 sqft
703 Warren St is a 4 beds, 2 baths, 1,440 sqft single family home for sale at $264,900 in Mankato MN 56001. At 20% down it rents for an estimated $2,075/mo and returns $184/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
- $2,075/mo
- Monthly cash flow
- $184/mo
- Cap rate
- 7.5%
- Cash-on-cash
- 4.2%
- Max offer
- $245,000
Offer ≤ $245,000 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading