For saleSingle family
$389,900
3822 Alba Trl
Mankato MN 56001
3 beds, 2 baths, 1,462 sqft
3822 Alba Trl is a 3 beds, 2 baths, 1,462 sqft single family home for sale at $389,900 in Mankato MN 56001. At 20% down it rents for an estimated $1,800/mo and returns -$983/mo a month at a 3.6% 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
- $1,800/mo
- Monthly cash flow
- -$983/mo
- Cap rate
- 3.6%
- Cash-on-cash
- -15.1%
- Max offer
- $213,500
Offer ≤ $213,500 (45% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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