For saleSingle family
$178,000
615 16th St SW
Willmar MN 56201
2 beds, 2 baths, 1,429 sqft
615 16th St SW is a 2 beds, 2 baths, 1,429 sqft single family home for sale at $178,000 in Willmar MN 56201. At 20% down it rents for an estimated $1,300/mo and returns $52/mo a month at a 6.9% 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
- $1,300/mo
- Monthly cash flow
- $52/mo
- Cap rate
- 6.9%
- Cash-on-cash
- 1.7%
- Max offer
- $155,500
Offer ≤ $155,500 (13% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.