For saleSingle family
$269,900
1705 Linda Ln
North Mankato MN 56003
2 beds, 2 baths, 1,508 sqft
1705 Linda Ln is a 2 beds, 2 baths, 1,508 sqft single family home for sale at $269,900 in North Mankato MN 56003. At 20% down it rents for an estimated $1,500/mo and returns -$427/mo a month at a 4.8% 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
- $1,500/mo
- Monthly cash flow
- -$427/mo
- Cap rate
- 4.8%
- Cash-on-cash
- -9.5%
- Max offer
- $177,500
Offer ≤ $177,500 (34% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading