For saleSingle family
$264,900
3120 Noble Dr
Mankato MN 56001
4 beds, 4 baths, 1,716 sqft
3120 Noble Dr is a 4 beds, 4 baths, 1,716 sqft single family home for sale at $264,900 in Mankato MN 56001. At 20% down it rents for an estimated $2,050/mo and returns $192/mo a month at a 7.4% 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
- $2,050/mo
- Monthly cash flow
- $192/mo
- Cap rate
- 7.4%
- Cash-on-cash
- 4.4%
- Max offer
- $245,500
Offer ≤ $245,500 (7% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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