For saleSingle family

$74,900

203 Karu Dr Unit 191

Mankato MN 56001

3 beds, 2 baths, 1,120 sqft

203 Karu Dr Unit 191 is a 3 beds, 2 baths, 1,120 sqft single family home for sale at $74,900 in Mankato MN 56001. At 20% down it rents for an estimated $1,750/mo and returns $1,225/mo a month at a 26.1% 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
$1,225/mo
Cap rate
26.1%
Cash-on-cash
98.1%
Max offer
$74,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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