For saleSingle family

$40,900

123 Jaybee Ln Unit 124

Mankato MN 56001

3 beds, 1 bath, 980 sqft

123 Jaybee Ln Unit 124 is a 3 beds, 1 bath, 980 sqft single family home for sale at $40,900 in Mankato MN 56001. At 20% down it rents for an estimated $1,750/mo and returns $1,463/mo a month at a 49.4% 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
$1,750/mo
Monthly cash flow
$1,463/mo
Cap rate
49.4%
Cash-on-cash
214.6%
Max offer
$40,900

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

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