For saleTownhouse
$227,900
11 Restless Ct
North Mankato MN 56003
3 beds, 1.5 baths, 1,476 sqft
11 Restless Ct is a 3 beds, 1.5 baths, 1,476 sqft townhouse home for sale at $227,900 in North Mankato MN 56003. At 20% down it rents for an estimated $2,000/mo and returns $278/mo a month at a 8.1% 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
- $2,000/mo
- Monthly cash flow
- $278/mo
- Cap rate
- 8.1%
- Cash-on-cash
- 7.3%
- Max offer
- $224,500
Offer ≤ $224,500 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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