For saleSingle family
$140,000
117 Ella Ave NE
Willmar MN 56201
3 beds, 1 bath, 1,562 sqft
117 Ella Ave NE is a 3 beds, 1 bath, 1,562 sqft single family home for sale at $140,000 in Willmar MN 56201. At 20% down it rents for an estimated $1,500/mo and returns $501/mo a month at a 11.0% 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
- $1,500/mo
- Monthly cash flow
- $501/mo
- Cap rate
- 11.0%
- Cash-on-cash
- 21.5%
- Max offer
- $140,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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