For saleMulti-family

$109,900

904 S 3rd Ave

Virginia MN 55792

4 beds, 2 baths, 1,931 sqft

904 S 3rd Ave is a 4 beds, 2 baths, 1,931 sqft multi-family home for sale at $109,900 in Virginia MN 55792. See the full deal score, rent estimate, cash flow, cap rate, and max offer below.

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Strong fitMulti-family112d on market

$109,900

904 S 3rd Ave

Virginia MN 55792

4 beds2 baths1,931 sqft
99
Deal score
Est. rent
$2,050/mo
Cash flow
$1,372/mo
Cap rate
20.8%
Cash-on-cash
59.9%
Max offer
$109,900
Rental verdict

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

Pro forma

Cash flow
$1,372/mo
Cap rate
20.8%
Cash-on-cash
59.9%
DSCR
3.58
Down payment25.0% · $27,475
Interest rate6.69%
Monthly rent$2,050/mo
Adjust assumptions

Every number on this page assumes the home stays rented and nothing is set aside. That is deliberate, but it is not what most landlords spend. Standard investor assumptions (23% of rent, about $471/mo for management, vacancy, maintenance and CapEx) would put cash flow at $901/mo. Set your own below.

Property management0% of rent · $0/mo
Vacancy (empty between tenants)0% of rent · $0/mo
Maintenance (small repairs)0% of rent · $0/mo
CapEx (saving for big repairs)0% of rent · $0/mo

Monthly payment (PITI)

  • Principal & interest$531
  • Property tax$110
  • Insurance$37
  • Total payment$678/mo

Cash-flow math charges taxes, insurance, HOA and PMI in full and holds nothing back from rent, the same basis your board ranks on. Management, vacancy, maintenance and CapEx are yours to set above.

Cash you'd need to close (est.)

  • Down payment (25.0%)$27,475
  • Closing costs (~3%: title, lender, prepaid escrow)$3,297
  • Reserves (2 months of payments)$1,356
  • Total cash to close$32,128

An estimate — your lender's Loan Estimate is the real number. Doesn't include any repairs needed before renting.

Where it sits

904 S 3rd Ave in context — the streets, water and amenities around it.

Street View ↗

Property details

904 S 3rd Ave · Virginia MN 55792

Beds
4
Baths
2
Square feet
1,931
Price / sqft
$57
Home type
Duplex
Days on market
112 days
HOA
Not reported
Status
For Sale

Status per the source feed — contingent/pending changes can lag the MLS by up to ~12 hours.