For saleSingle family

$539,900

820 Fieldcrest Dr

Mankato MN 56001

4 beds, 3 baths, 3,214 sqft

820 Fieldcrest Dr is a 4 beds, 3 baths, 3,214 sqft single family home for sale at $539,900 in Mankato MN 56001. At 20% down it rents for an estimated $2,200/mo and returns -$1,654/mo a month at a 3.0% 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
$2,200/mo
Monthly cash flow
-$1,654/mo
Cap rate
3.0%
Cash-on-cash
-18.4%
Max offer
$261,500

Offer ≤ $261,500 (52% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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