For saleMulti-family

$124,900

205 4th St N

Virginia MN 55792

2 beds, 2 baths, 1,273 sqft

205 4th St N is a 2 beds, 2 baths, 1,273 sqft multi-family home for sale at $124,900 in Virginia MN 55792. At 20% down it rents for an estimated $1,500/mo and returns $608/mo a month at a 12.5% 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
$608/mo
Cap rate
12.5%
Cash-on-cash
29.2%
Max offer
$124,900

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

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