For saleSingle family
$69,900
136 Lynn Ln Unit 62
Mankato MN 56001
2 beds, 2 baths, 1,056 sqft
136 Lynn Ln Unit 62 is a 2 beds, 2 baths, 1,056 sqft single family home for sale at $69,900 in Mankato MN 56001. At 20% down it rents for an estimated $1,575/mo and returns $1,085/mo a month at a 25.1% 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
- $1,575/mo
- Monthly cash flow
- $1,085/mo
- Cap rate
- 25.1%
- Cash-on-cash
- 93.1%
- Max offer
- $69,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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