For saleSingle family
$395,000
52387 Acorn Ave
North Mankato MN 56003
5 beds, 3 baths, 3,040 sqft
52387 Acorn Ave is a 5 beds, 3 baths, 3,040 sqft single family home for sale at $395,000 in North Mankato MN 56003. At 20% down it rents for an estimated $2,475/mo and returns -$345/mo a month at a 5.6% 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
- $2,475/mo
- Monthly cash flow
- -$345/mo
- Cap rate
- 5.6%
- Cash-on-cash
- -5.2%
- Max offer
- $292,500
Offer ≤ $292,500 (26% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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