For saleSingle family
$69,900
217 8th St S
Virginia MN 55792
3 beds, 2 baths, 1,240 sqft
217 8th St S is a 3 beds, 2 baths, 1,240 sqft single family home for sale at $69,900 in Virginia MN 55792. At 20% down it rents for an estimated $1,125/mo and returns $626/mo a month at a 17.4% 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
- $1,125/mo
- Monthly cash flow
- $626/mo
- Cap rate
- 17.4%
- Cash-on-cash
- 53.7%
- Max offer
- $69,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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