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 $1,800/mo and returns $1,657/mo a month at a 106.1% 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
- $1,800/mo
- Monthly cash flow
- $1,657/mo
- Cap rate
- 106.1%
- Cash-on-cash
- 497.2%
- Max offer
- $20,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading