For saleTownhouse
$219,000
1701 Quail Roost Dr
North Mankato MN 56003
2 beds, 2 baths, 1,312 sqft
1701 Quail Roost Dr is a 2 beds, 2 baths, 1,312 sqft townhouse home for sale at $219,000 in North Mankato MN 56003. At 20% down it rents for an estimated $1,175/mo and returns -$490/mo a month at a 4.0% 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
- $1,175/mo
- Monthly cash flow
- -$490/mo
- Cap rate
- 4.0%
- Cash-on-cash
- -13.4%
- Max offer
- $122,000
Offer ≤ $122,000 (44% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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