For saleSingle family

$145,000

707 Minnesota Ave SE

Willmar MN 56201

4 beds, 1.5 baths, 1,365 sqft

707 Minnesota Ave SE is a 4 beds, 1.5 baths, 1,365 sqft single family home for sale at $145,000 in Willmar MN 56201. At 20% down it rents for an estimated $2,125/mo and returns $1,108/mo a month at a 15.7% 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
$1,108/mo
Cap rate
15.7%
Cash-on-cash
45.8%
Max offer
$145,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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