For saleSingle family
$117,900
315 Louva Ln Unit 236
Mankato MN 56001
2 beds, 2 baths
315 Louva Ln Unit 236 is a 2 beds, 2 baths single family home for sale at $117,900 in Mankato MN 56001. At 20% down it rents for an estimated $1,450/mo and returns $608/mo a month at a 12.9% 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
- $1,450/mo
- Monthly cash flow
- $608/mo
- Cap rate
- 12.9%
- Cash-on-cash
- 31.0%
- Max offer
- $117,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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