For saleSingle family
$79,900
17 Wood Dr Unit 5
Mankato MN 56001
3 beds, 2 baths, 960 sqft
17 Wood Dr Unit 5 is a 3 beds, 2 baths, 960 sqft single family home for sale at $79,900 in Mankato MN 56001. At 20% down it rents for an estimated $1,775/mo and returns $1,205/mo a month at a 24.8% 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
- $1,775/mo
- Monthly cash flow
- $1,205/mo
- Cap rate
- 24.8%
- Cash-on-cash
- 90.5%
- Max offer
- $79,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading