For saleSingle family

$152,500

1408 6th St SW

Willmar MN 56201

3 beds, 2 baths, 1,254 sqft

1408 6th St SW is a 3 beds, 2 baths, 1,254 sqft single family home for sale at $152,500 in Willmar MN 56201. At 20% down it rents for an estimated $1,350/mo and returns $261/mo a month at a 8.7% 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
$1,350/mo
Monthly cash flow
$261/mo
Cap rate
8.7%
Cash-on-cash
10.3%
Max offer
$152,500

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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