For saleSingle family

$224,000

413 Highland Rd

Willmar MN 56201

4 beds, 2.5 baths, 1,784 sqft

413 Highland Rd is a 4 beds, 2.5 baths, 1,784 sqft single family home for sale at $224,000 in Willmar MN 56201. At 20% down it rents for an estimated $2,125/mo and returns $554/mo a month at a 9.5% 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
$2,125/mo
Monthly cash flow
$554/mo
Cap rate
9.5%
Cash-on-cash
14.8%
Max offer
$224,000

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

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