For saleMulti-family
$273,000
301 23rd St SE
Willmar MN 56201
4 beds, 2 baths, 1,728 sqft
301 23rd St SE is a 4 beds, 2 baths, 1,728 sqft multi-family home for sale at $273,000 in Willmar MN 56201. At 20% down it rents for an estimated $1,550/mo and returns -$399/mo a month at a 4.9% 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
- $1,550/mo
- Monthly cash flow
- -$399/mo
- Cap rate
- 4.9%
- Cash-on-cash
- -8.8%
- Max offer
- $183,500
Offer ≤ $183,500 (33% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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