For saleSingle family
$64,900
231 8th St S
Virginia MN 55792
4 beds, 1.5 baths, 1,190 sqft
231 8th St S is a 4 beds, 1.5 baths, 1,190 sqft single family home for sale at $64,900 in Virginia MN 55792. At 20% down it rents for an estimated $1,200/mo and returns $737/mo a month at a 20.3% 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
- $1,200/mo
- Monthly cash flow
- $737/mo
- Cap rate
- 20.3%
- Cash-on-cash
- 68.1%
- Max offer
- $64,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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