For saleSingle family

$84,900

66 Knoll Ln Unit 36

Mankato MN 56001

3 beds, 2 baths, 960 sqft

66 Knoll Ln Unit 36 is a 3 beds, 2 baths, 960 sqft single family home for sale at $84,900 in Mankato MN 56001. At 20% down it rents for an estimated $1,800/mo and returns $1,194/mo a month at a 23.5% 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
$1,194/mo
Cap rate
23.5%
Cash-on-cash
84.4%
Max offer
$84,900

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

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