For saleSingle family
$84,900
23 Wood Dr Unit 8
Mankato MN 56001
3 beds, 2 baths, 960 sqft
23 Wood Dr Unit 8 is a 3 beds, 2 baths, 960 sqft single family home for sale at $84,900 in Mankato MN 56001. At 20% down it rents for an estimated $1,775/mo and returns $1,169/mo a month at a 23.2% 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
- $1,775/mo
- Monthly cash flow
- $1,169/mo
- Cap rate
- 23.2%
- Cash-on-cash
- 82.6%
- Max offer
- $84,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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