For saleSingle family
$419,900
220 Copper Village Cir
Mankato MN 56001
3 beds, 2 baths, 1,488 sqft
220 Copper Village Cir is a 3 beds, 2 baths, 1,488 sqft single family home for sale at $419,900 in Mankato MN 56001. At 20% down it rents for an estimated $1,550/mo and returns -$1,448/mo a month at a 2.5% 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
- $1,550/mo
- Monthly cash flow
- -$1,448/mo
- Cap rate
- 2.5%
- Cash-on-cash
- -20.7%
- Max offer
- $184,000
Offer ≤ $184,000 (56% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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