For saleSingle family
$75,000
401 Willow St
Fairmont MN 56031
1 bed, 1 bath, 672 sqft
401 Willow St is a 1 bed, 1 bath, 672 sqft single family home for sale at $75,000 in Fairmont MN 56031. At 20% down it rents for an estimated $725/mo and returns $190/mo a month at a 9.7% 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
- $725/mo
- Monthly cash flow
- $190/mo
- Cap rate
- 9.7%
- Cash-on-cash
- 15.2%
- Max offer
- $75,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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