For saleSingle family
$109,900
148 Terri Ln Unit 189
Mankato MN 56001
2 beds, 2 baths
148 Terri Ln Unit 189 is a 2 beds, 2 baths single family home for sale at $109,900 in Mankato MN 56001. At 20% down it rents for an estimated $1,525/mo and returns $740/mo a month at a 14.8% 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
- $1,525/mo
- Monthly cash flow
- $740/mo
- Cap rate
- 14.8%
- Cash-on-cash
- 40.4%
- Max offer
- $109,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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