For saleTownhouse
$199,900
416 Tanager Path
Mankato MN 56001
3 beds, 2 baths, 1,272 sqft
416 Tanager Path is a 3 beds, 2 baths, 1,272 sqft townhouse home for sale at $199,900 in Mankato MN 56001. At 20% down it rents for an estimated $1,750/mo and returns $255/mo a month at a 8.2% 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
- $1,750/mo
- Monthly cash flow
- $255/mo
- Cap rate
- 8.2%
- Cash-on-cash
- 7.6%
- Max offer
- $198,000
Offer ≤ $198,000 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading