For saleSingle family
$130,000
509 Charlotte St SE
Willmar MN 56201
4 beds, 1 bath, 1,256 sqft
509 Charlotte St SE is a 4 beds, 1 bath, 1,256 sqft single family home for sale at $130,000 in Willmar MN 56201. At 20% down it rents for an estimated $1,700/mo and returns $772/mo a month at a 13.8% 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
- $1,700/mo
- Monthly cash flow
- $772/mo
- Cap rate
- 13.8%
- Cash-on-cash
- 35.6%
- Max offer
- $130,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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