For saleTownhouse
$449,900
1301 23rd St SE
Willmar MN 56201
4 beds, 3 baths, 2,591 sqft
1301 23rd St SE is a 4 beds, 3 baths, 2,591 sqft townhouse home for sale at $449,900 in Willmar MN 56201. At 20% down it rents for an estimated $1,325/mo and returns -$1,976/mo a month at a 1.4% 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
- $1,325/mo
- Monthly cash flow
- -$1,976/mo
- Cap rate
- 1.4%
- Cash-on-cash
- -26.3%
- Max offer
- $130,500
Offer ≤ $130,500 (71% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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