For saleSingle family
$134,900
514 15th St SW
Willmar MN 56201
3 beds, 1.5 baths, 1,008 sqft
514 15th St SW is a 3 beds, 1.5 baths, 1,008 sqft single family home for sale at $134,900 in Willmar MN 56201. At 20% down it rents for an estimated $1,500/mo and returns $537/mo a month at a 11.4% 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
- $1,500/mo
- Monthly cash flow
- $537/mo
- Cap rate
- 11.4%
- Cash-on-cash
- 23.9%
- Max offer
- $134,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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