For saleSingle family
$149,000
317 6th St S
Virginia MN 55792
3 beds, 1 bath, 1,673 sqft
317 6th St S is a 3 beds, 1 bath, 1,673 sqft single family home for sale at $149,000 in Virginia MN 55792. At 20% down it rents for an estimated $1,125/mo and returns $61/mo a month at a 7.2% 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
- $61/mo
- Cap rate
- 7.2%
- Cash-on-cash
- 2.5%
- Max offer
- $132,500
Offer ≤ $132,500 (11% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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