For saleSingle family

$64,900

310 Oak Ln Unit 106

Mankato MN 56001

3 beds, 2 baths, 1,216 sqft

310 Oak Ln Unit 106 is a 3 beds, 2 baths, 1,216 sqft single family home for sale at $64,900 in Mankato MN 56001. At 20% down it rents for an estimated $1,625/mo and returns $1,170/mo a month at a 28.1% 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
$1,625/mo
Monthly cash flow
$1,170/mo
Cap rate
28.1%
Cash-on-cash
108.1%
Max offer
$64,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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