For saleSingle family
$489,900
112 W Glencrest Dr
Mankato MN 56001
3 beds, 3 baths, 4,224 sqft
112 W Glencrest Dr is a 3 beds, 3 baths, 4,224 sqft single family home for sale at $489,900 in Mankato MN 56001. At 20% down it rents for an estimated $1,350/mo and returns -$2,147/mo a month at a 1.4% 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
- $1,350/mo
- Monthly cash flow
- -$2,147/mo
- Cap rate
- 1.4%
- Cash-on-cash
- -26.3%
- Max offer
- $161,000
Offer ≤ $161,000 (67% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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