For saleSingle family
$314,900
124 Gambrelle Ct
Mankato MN 56001
4 beds, 2 baths, 1,716 sqft
124 Gambrelle Ct is a 4 beds, 2 baths, 1,716 sqft single family home for sale at $314,900 in Mankato MN 56001. At 20% down it rents for an estimated $2,025/mo and returns -$223/mo a month at a 5.8% 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
- $2,025/mo
- Monthly cash flow
- -$223/mo
- Cap rate
- 5.8%
- Cash-on-cash
- -4.2%
- Max offer
- $239,500
Offer ≤ $239,500 (24% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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