For saleCondo
$229,900
2704 9th St SW
Willmar MN 56201
2 beds, 2 baths, 1,324 sqft
2704 9th St SW is a 2 beds, 2 baths, 1,324 sqft condo home for sale at $229,900 in Willmar MN 56201. At 20% down it rents for an estimated $1,050/mo and returns -$716/mo a month at a 2.9% 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
- $1,050/mo
- Monthly cash flow
- -$716/mo
- Cap rate
- 2.9%
- Cash-on-cash
- -18.7%
- Max offer
- $103,000
Offer ≤ $103,000 (55% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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