For saleMulti-family

$249,900

802 Le Hillier St

Mankato MN 56001

5 beds, 3 baths

802 Le Hillier St is a 5 beds, 3 baths multi-family home for sale at $249,900 in Mankato MN 56001. At 20% down it rents for an estimated $2,450/mo and returns $666/mo a month at a 9.9% 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
$2,450/mo
Monthly cash flow
$666/mo
Cap rate
9.9%
Cash-on-cash
16.0%
Max offer
$249,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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