For saleTownhouse

$203,500

212 Tanager Path

Mankato MN 56001

3 beds, 2 baths, 1,272 sqft

212 Tanager Path is a 3 beds, 2 baths, 1,272 sqft townhouse home for sale at $203,500 in Mankato MN 56001. At 20% down it rents for an estimated $1,800/mo and returns $166/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
$1,800/mo
Monthly cash flow
$166/mo
Cap rate
7.5%
Cash-on-cash
4.9%
Max offer
$190,000

Offer ≤ $190,000 (7% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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