For saleSingle family

$198,900

1412 Highway 71 NE

Willmar MN 56201

4 beds, 1 bath, 1,200 sqft

1412 Highway 71 NE is a 4 beds, 1 bath, 1,200 sqft single family home for sale at $198,900 in Willmar MN 56201. At 20% down it rents for an estimated $2,125/mo and returns $730/mo a month at a 10.9% 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
$730/mo
Cap rate
10.9%
Cash-on-cash
22.0%
Max offer
$198,900

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

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