For saleSingle family
$389,900
1003 Shady Oak Dr
North Mankato MN 56003
4 beds, 3 baths, 3,150 sqft
1003 Shady Oak Dr is a 4 beds, 3 baths, 3,150 sqft single family home for sale at $389,900 in North Mankato MN 56003. At 20% down it rents for an estimated $2,075/mo and returns -$708/mo a month at a 4.5% 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
- $2,075/mo
- Monthly cash flow
- -$708/mo
- Cap rate
- 4.5%
- Cash-on-cash
- -10.9%
- Max offer
- $245,500
Offer ≤ $245,500 (37% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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