For saleTownhouse
$134,900
3009 1st Ave NW
Willmar MN 56201
2 beds, 1 bath, 984 sqft
3009 1st Ave NW is a 2 beds, 1 bath, 984 sqft townhouse home for sale at $134,900 in Willmar MN 56201. At 20% down it rents for an estimated $1,200/mo and returns $139/mo a month at a 7.9% 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
- $1,200/mo
- Monthly cash flow
- $139/mo
- Cap rate
- 7.9%
- Cash-on-cash
- 6.2%
- Max offer
- $129,500
Offer ≤ $129,500 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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