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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