For saleSingle family

$179,900

529 7th St NW

Willmar MN 56201

3 beds, 2.5 baths, 2,874 sqft

529 7th St NW is a 3 beds, 2.5 baths, 2,874 sqft single family home for sale at $179,900 in Willmar MN 56201. At 20% down it rents for an estimated $1,500/mo and returns $216/mo a month at a 8.1% 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
$216/mo
Cap rate
8.1%
Cash-on-cash
7.2%
Max offer
$177,000

Offer ≤ $177,000 (2% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading