For saleTownhouse

$177,500

2215 10th Ave SE

Willmar MN 56201

2 beds, 2 baths, 1,405 sqft

2215 10th Ave SE is a 2 beds, 2 baths, 1,405 sqft townhouse home for sale at $177,500 in Willmar MN 56201. At 20% down it rents for an estimated $1,075/mo and returns -$411/mo a month at a 3.9% 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
$1,075/mo
Monthly cash flow
-$411/mo
Cap rate
3.9%
Cash-on-cash
-13.9%
Max offer
$97,000

Offer ≤ $97,000 (45% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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