For saleSingle family

$159,000

521 9th St NW

Willmar MN 56201

3 beds, 2 baths, 1,440 sqft

521 9th St NW is a 3 beds, 2 baths, 1,440 sqft single family home for sale at $159,000 in Willmar MN 56201. At 20% down it rents for an estimated $1,500/mo and returns $365/mo a month at a 9.4% 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
$1,500/mo
Monthly cash flow
$365/mo
Cap rate
9.4%
Cash-on-cash
13.8%
Max offer
$159,000

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

Loading