For saleSingle family

$82,900

121 Maple Dr Unit 53

Mankato MN 56001

2 beds, 2 baths, 1,056 sqft

121 Maple Dr Unit 53 is a 2 beds, 2 baths, 1,056 sqft single family home for sale at $82,900 in Mankato MN 56001. At 20% down it rents for an estimated $1,500/mo and returns $919/mo a month at a 19.8% 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
$919/mo
Cap rate
19.8%
Cash-on-cash
66.5%
Max offer
$82,900

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

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