For saleSingle family
$515,000
10 Sunset Ct
North Mankato MN 56003
3 beds, 2 baths, 1,841 sqft
10 Sunset Ct is a 3 beds, 2 baths, 1,841 sqft single family home for sale at $515,000 in North Mankato MN 56003. At 20% down it rents for an estimated $1,775/mo and returns -$1,901/mo a month at a 2.2% 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
- -$1,901/mo
- Cap rate
- 2.2%
- Cash-on-cash
- -22.2%
- Max offer
- $211,000
Offer ≤ $211,000 (59% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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