For saleSingle family
$268,000
1136 Florence Ln SW
Willmar MN 56201
3 beds, 1 bath, 2,248 sqft
1136 Florence Ln SW is a 3 beds, 1 bath, 2,248 sqft single family home for sale at $268,000 in Willmar MN 56201. At 20% down it rents for an estimated $1,700/mo and returns -$213/mo a month at a 5.7% 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
- $1,700/mo
- Monthly cash flow
- -$213/mo
- Cap rate
- 5.7%
- Cash-on-cash
- -4.8%
- Max offer
- $201,000
Offer ≤ $201,000 (25% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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