For saleSingle family

$30,000

604 E Willow Ave

Olivia MN 56277

2 beds, 1 bath, 1,575 sqft

604 E Willow Ave is a 2 beds, 1 bath, 1,575 sqft single family home for sale at $30,000 in Olivia MN 56277. At 20% down it rents for an estimated $775/mo and returns $565/mo a month at a 29.1% 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
$775/mo
Monthly cash flow
$565/mo
Cap rate
29.1%
Cash-on-cash
112.9%
Max offer
$30,000

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

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