For saleSingle family
$79,900
205 Janjo Dr Unit 208
Mankato MN 56001
2 beds, 2 baths, 1,056 sqft
205 Janjo Dr Unit 208 is a 2 beds, 2 baths, 1,056 sqft single family home for sale at $79,900 in Mankato MN 56001. At 20% down it rents for an estimated $1,550/mo and returns $980/mo a month at a 21.4% 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
- $1,550/mo
- Monthly cash flow
- $980/mo
- Cap rate
- 21.4%
- Cash-on-cash
- 73.6%
- Max offer
- $79,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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