For saleSingle family
$179,000
409 9th St SW
Willmar MN 56201
6 beds, 2 baths, 2,009 sqft
409 9th St SW is a 6 beds, 2 baths, 2,009 sqft single family home for sale at $179,000 in Willmar MN 56201. At 20% down it rents for an estimated $2,575/mo and returns $1,320/mo a month at a 15.4% 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
- $2,575/mo
- Monthly cash flow
- $1,320/mo
- Cap rate
- 15.4%
- Cash-on-cash
- 44.2%
- Max offer
- $179,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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