For saleSingle family

$119,900

1520 9th St S

Virginia MN 55792

2 beds, 1.5 baths, 1,296 sqft

1520 9th St S is a 2 beds, 1.5 baths, 1,296 sqft single family home for sale at $119,900 in Virginia MN 55792. At 20% down it rents for an estimated $1,100/mo and returns $259/mo a month at a 9.1% 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
$1,100/mo
Monthly cash flow
$259/mo
Cap rate
9.1%
Cash-on-cash
13.0%
Max offer
$119,900

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

Loading listing…

Fetching the market snapshot.