For saleSingle family
$145,000
513 3rd St SE
Willmar MN 56201
3 beds, 1 bath, 1,470 sqft
513 3rd St SE is a 3 beds, 1 bath, 1,470 sqft single family home for sale at $145,000 in Willmar MN 56201. At 20% down it rents for an estimated $1,450/mo and returns $415/mo a month at a 10.1% 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
- $1,450/mo
- Monthly cash flow
- $415/mo
- Cap rate
- 10.1%
- Cash-on-cash
- 17.2%
- Max offer
- $145,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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