For saleSingle family
$639,000
3200 Eagle Ridge Dr E
Willmar MN 56201
5 beds, 3.5 baths, 4,700 sqft
3200 Eagle Ridge Dr E is a 5 beds, 3.5 baths, 4,700 sqft single family home for sale at $639,000 in Willmar MN 56201. At 20% down it rents for an estimated $1,600/mo and returns -$2,962/mo a month at a 1.1% 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
- $1,600/mo
- Monthly cash flow
- -$2,962/mo
- Cap rate
- 1.1%
- Cash-on-cash
- -27.8%
- Max offer
- $191,500
Offer ≤ $191,500 (70% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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