For saleTownhouse
$211,000
3202 Scotch Ln
Mankato MN 56001
3 beds, 2.5 baths, 1,800 sqft
3202 Scotch Ln is a 3 beds, 2.5 baths, 1,800 sqft townhouse home for sale at $211,000 in Mankato MN 56001. At 20% down it rents for an estimated $2,100/mo and returns $440/mo a month at a 9.2% 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
- $2,100/mo
- Monthly cash flow
- $440/mo
- Cap rate
- 9.2%
- Cash-on-cash
- 12.5%
- Max offer
- $211,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading