For saleSingle family
$99,900
210 Spruce Ln Unit 90
Mankato MN 56001
3 beds, 2 baths
210 Spruce Ln Unit 90 is a 3 beds, 2 baths single family home for sale at $99,900 in Mankato MN 56001. At 20% down it rents for an estimated $1,800/mo and returns $1,087/mo a month at a 19.7% 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
- $1,087/mo
- Cap rate
- 19.7%
- Cash-on-cash
- 65.3%
- Max offer
- $99,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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