For saleSingle family
$239,900
1424 Fair St
Mankato MN 56001
4 beds, 3 baths, 1,952 sqft
1424 Fair St is a 4 beds, 3 baths, 1,952 sqft single family home for sale at $239,900 in Mankato MN 56001. At 20% down it rents for an estimated $2,025/mo and returns $312/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
- $2,025/mo
- Monthly cash flow
- $312/mo
- Cap rate
- 8.2%
- Cash-on-cash
- 7.8%
- Max offer
- $239,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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