For saleSingle family

$274,999

321 7th St SW

Willmar MN 56201

4 beds, 2.5 baths, 2,294 sqft

321 7th St SW is a 4 beds, 2.5 baths, 2,294 sqft single family home for sale at $274,999 in Willmar MN 56201. At 20% down it rents for an estimated $1,575/mo and returns -$388/mo a month at a 5.0% 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
$1,575/mo
Monthly cash flow
-$388/mo
Cap rate
5.0%
Cash-on-cash
-8.5%
Max offer
$186,000

Offer ≤ $186,000 (32% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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