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 $1,225/mo and returns $770/mo a month at a 20.8% 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
$1,225/mo
Monthly cash flow
$770/mo
Cap rate
20.8%
Cash-on-cash
71.2%
Max offer
$64,900

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

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