For saleSingle family
$425,000
58552 Kirkwood Rd
Mankato MN 56001
2 beds, 2 baths, 3,600 sqft
58552 Kirkwood Rd is a 2 beds, 2 baths, 3,600 sqft single family home for sale at $425,000 in Mankato MN 56001. At 20% down it rents for an estimated $1,550/mo and returns -$1,484/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
- -$1,484/mo
- Cap rate
- 2.5%
- Cash-on-cash
- -21.0%
- Max offer
- $184,500
Offer ≤ $184,500 (57% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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