For saleSingle family
$465,000
2057 Howard Dr
North Mankato MN 56003
4 beds, 4 baths, 3,252 sqft
2057 Howard Dr is a 4 beds, 4 baths, 3,252 sqft single family home for sale at $465,000 in North Mankato MN 56003. At 20% down it rents for an estimated $2,000/mo and returns -$1,320/mo a month at a 3.3% 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
- $2,000/mo
- Monthly cash flow
- -$1,320/mo
- Cap rate
- 3.3%
- Cash-on-cash
- -17.0%
- Max offer
- $237,500
Offer ≤ $237,500 (49% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading