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 $1,700/mo and returns $665/mo a month at a 12.2% 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
- $665/mo
- Cap rate
- 12.2%
- Cash-on-cash
- 27.5%
- Max offer
- $145,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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