For saleSingle family
$299,900
109 Quinion Dr
Mankato MN 56001
4 beds, 2 baths, 2,314 sqft
109 Quinion Dr is a 4 beds, 2 baths, 2,314 sqft single family home for sale at $299,900 in Mankato MN 56001. At 20% down it rents for an estimated $2,025/mo and returns -$116/mo a month at a 6.2% 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
- $2,025/mo
- Monthly cash flow
- -$116/mo
- Cap rate
- 6.2%
- Cash-on-cash
- -2.3%
- Max offer
- $239,000
Offer ≤ $239,000 (20% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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