For saleMulti-family
$99,900
201 2nd St S
Virginia MN 55792
2 beds, 2 baths, 1,894 sqft
201 2nd St S is a 2 beds, 2 baths, 1,894 sqft multi-family home for sale at $99,900 in Virginia MN 55792. At 20% down it rents for an estimated $1,600/mo and returns $887/mo a month at a 17.3% 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
- $1,600/mo
- Monthly cash flow
- $887/mo
- Cap rate
- 17.3%
- Cash-on-cash
- 53.3%
- Max offer
- $99,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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