For saleTownhouse

$199,900

1641 Pleasant View Dr

North Mankato MN 56003

2 beds, 1 bath, 886 sqft

1641 Pleasant View Dr is a 2 beds, 1 bath, 886 sqft townhouse home for sale at $199,900 in North Mankato MN 56003. At 20% down it rents for an estimated $1,550/mo and returns $38/mo a month at a 6.7% 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
$1,550/mo
Monthly cash flow
$38/mo
Cap rate
6.7%
Cash-on-cash
1.1%
Max offer
$170,500

Offer ≤ $170,500 (15% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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