For saleSingle family
$649,900
1921 Denali Dr
North Mankato MN 56003
5 beds, 4 baths, 4,554 sqft
1921 Denali Dr is a 5 beds, 4 baths, 4,554 sqft single family home for sale at $649,900 in North Mankato MN 56003. At 20% down it rents for an estimated $2,300/mo and returns -$2,339/mo a month at a 2.3% 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
- $2,300/mo
- Monthly cash flow
- -$2,339/mo
- Cap rate
- 2.3%
- Cash-on-cash
- -21.6%
- Max offer
- $273,500
Offer ≤ $273,500 (58% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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