For saleSingle family

$137,900

507 7th St S

Virginia MN 55792

5 beds, 2 baths, 2,023 sqft

507 7th St S is a 5 beds, 2 baths, 2,023 sqft single family home for sale at $137,900 in Virginia MN 55792. At 20% down it rents for an estimated $1,225/mo and returns $241/mo a month at a 8.8% 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
$241/mo
Cap rate
8.8%
Cash-on-cash
10.5%
Max offer
$137,900

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

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