For saleSingle family

$20,000

119 Maple Dr Unit 52

Mankato MN 56001

3 beds, 2 baths

119 Maple Dr Unit 52 is a 3 beds, 2 baths single family home for sale at $20,000 in Mankato MN 56001. At 20% down it rents for an estimated $1,625/mo and returns $1,485/mo a month at a 95.6% 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
$1,625/mo
Monthly cash flow
$1,485/mo
Cap rate
95.6%
Cash-on-cash
445.4%
Max offer
$20,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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