For saleSingle family
$224,900
733 South Ave
North Mankato MN 56003
3 beds, 1 bath, 2,340 sqft
733 South Ave is a 3 beds, 1 bath, 2,340 sqft single family home for sale at $224,900 in North Mankato MN 56003. At 20% down it rents for an estimated $1,725/mo and returns $119/mo a month at a 7.3% 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
- $119/mo
- Cap rate
- 7.3%
- Cash-on-cash
- 3.2%
- Max offer
- $203,500
Offer ≤ $203,500 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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