For saleSingle family
$340,000
14 Renann Ct
North Mankato MN 56003
3 beds, 3 baths, 2,396 sqft
14 Renann Ct is a 3 beds, 3 baths, 2,396 sqft single family home for sale at $340,000 in North Mankato MN 56003. At 20% down it rents for an estimated $1,750/mo and returns -$677/mo a month at a 4.3% 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
- $1,750/mo
- Monthly cash flow
- -$677/mo
- Cap rate
- 4.3%
- Cash-on-cash
- -12.0%
- Max offer
- $207,000
Offer ≤ $207,000 (39% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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