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$3,003 (target)

904 Willmar Ave SE, Willmar, MN 56201

3 beds • 2 baths • 2164 sqft

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This property might be a fair Mid-Term investment with a projected 5.14% first-year return on $71,844 initial cash invested.

5.14%

Cash On Cash

8.13%

Cap Rate

1.33

DSCR

$3,003

Rent

$308

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,003 income − $2,695 expenses = $308 cash flow

Income$3,003Mortgage P&I$1,31044%Property Taxes$2749%Insurance$913%Management$36012%CapEx$1204%Vacancy$903%Maintenance$1204%Other$33011%Cash Flow$308

Investment Breakdown

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Purchase Price

$256k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,844

Downpayment

20%

$51,280

Closing costs

1%

$2,564

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,003

Total Expenses

$2,695

Mortgage P&I

44%

$1,310

Property Taxes

9%

$274

Home Insurance

3%

$91

HOA

0%

$0

Property Management

12%

$360

CapEx

4%

$120

Vacancy

3%

$90

Maintenance

4%

$120

Other

11%

$330

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