For saleTownhouse

$249,500

2157 Rolling Green Ln

North Mankato MN 56003

3 beds, 2.5 baths, 1,452 sqft

2157 Rolling Green Ln is a 3 beds, 2.5 baths, 1,452 sqft townhouse home for sale at $249,500 in North Mankato MN 56003. At 20% down it rents for an estimated $1,925/mo and returns $148/mo a month at a 7.2% 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
$1,925/mo
Monthly cash flow
$148/mo
Cap rate
7.2%
Cash-on-cash
3.6%
Max offer
$226,000

Offer ≤ $226,000 (9% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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