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 $1,800/mo and returns $106/mo a month at a 7.1% 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
$1,800/mo
Monthly cash flow
$106/mo
Cap rate
7.1%
Cash-on-cash
2.8%
Max offer
$202,500

Offer ≤ $202,500 (11% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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