For saleMulti-family

$140,000

320 Augusta Ave

Willmar MN 56201

4 beds, 2 baths, 2,314 sqft

320 Augusta Ave is a 4 beds, 2 baths, 2,314 sqft multi-family home for sale at $140,000 in Willmar MN 56201. At 20% down it rents for an estimated $1,900/mo and returns $918/mo a month at a 14.4% 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
$1,900/mo
Monthly cash flow
$918/mo
Cap rate
14.4%
Cash-on-cash
39.3%
Max offer
$140,000

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

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