This paper deals with the analysis of the possible use of magneto-inertial fusion (MIF) to create a neutron source. We consider the configuration of the target in the form of an axially symmetric magnetic trap with magnetic “plugs” or so-called “probkotron”. Heating and compression of a plasma target in the magnetic field is studied numerically. Parameters of the neutron source based on plasma-jet driven magneto-inertial fusion with a cylindrical target are given.