For saleSingle family
$235,000
925 South Ave
North Mankato MN 56003
3 beds, 2.5 baths, 2,670 sqft
925 South Ave is a 3 beds, 2.5 baths, 2,670 sqft single family home for sale at $235,000 in North Mankato MN 56003. At 20% down it rents for an estimated $1,725/mo and returns $77/mo a month at a 6.9% 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
- $1,725/mo
- Monthly cash flow
- $77/mo
- Cap rate
- 6.9%
- Cash-on-cash
- 2.0%
- Max offer
- $206,500
Offer ≤ $206,500 (12% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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