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 $1,800/mo and returns $1,337/mo a month at a 31.4% 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
- $1,800/mo
- Monthly cash flow
- $1,337/mo
- Cap rate
- 31.4%
- Cash-on-cash
- 123.6%
- Max offer
- $64,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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