For saleSingle family
$70,000
400 High Ave
Willmar MN 56201
3 beds, 1 bath, 1,176 sqft
400 High Ave is a 3 beds, 1 bath, 1,176 sqft single family home for sale at $70,000 in Willmar MN 56201. At 20% down it rents for an estimated $1,450/mo and returns $950/mo a month at a 23.0% 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
- $1,450/mo
- Monthly cash flow
- $950/mo
- Cap rate
- 23.0%
- Cash-on-cash
- 81.5%
- Max offer
- $70,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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