For saleTownhouse

$160,000

3011 1st Ave NW

Willmar MN 56201

3 beds, 1 bath, 1,168 sqft

3011 1st Ave NW is a 3 beds, 1 bath, 1,168 sqft townhouse home for sale at $160,000 in Willmar MN 56201. At 20% down it rents for an estimated $1,350/mo and returns $141/mo a month at a 7.6% 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
$1,350/mo
Monthly cash flow
$141/mo
Cap rate
7.6%
Cash-on-cash
5.3%
Max offer
$150,500

Offer ≤ $150,500 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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