For saleSingle family
$395,999
1805 Meridian Trl
Mankato MN 56001
4 beds, 3 baths, 1,998 sqft
1805 Meridian Trl is a 4 beds, 3 baths, 1,998 sqft single family home for sale at $395,999 in Mankato MN 56001. At 20% down it rents for an estimated $2,200/mo and returns -$627/mo a month at a 4.8% 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
- $2,200/mo
- Monthly cash flow
- -$627/mo
- Cap rate
- 4.8%
- Cash-on-cash
- -9.5%
- Max offer
- $260,500
Offer ≤ $260,500 (34% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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