For saleSingle family

$269,900

708 Olena Ave SE

Willmar MN 56201

4 beds, 2 baths, 2,046 sqft

708 Olena Ave SE is a 4 beds, 2 baths, 2,046 sqft single family home for sale at $269,900 in Willmar MN 56201. At 20% down it rents for an estimated $2,125/mo and returns $232/mo a month at a 7.5% 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
$2,125/mo
Monthly cash flow
$232/mo
Cap rate
7.5%
Cash-on-cash
5.2%
Max offer
$254,500

Offer ≤ $254,500 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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