For saleTownhouse
$211,000
3204 Scotch Ln
Mankato MN 56001
3 beds, 2.5 baths, 1,800 sqft
3204 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 $1,850/mo and returns $217/mo a month at a 7.7% 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
- $1,850/mo
- Monthly cash flow
- $217/mo
- Cap rate
- 7.7%
- Cash-on-cash
- 6.2%
- Max offer
- $202,500
Offer ≤ $202,500 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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