For saleSingle family
$119,900
603 S 3rd Ave
Virginia MN 55792
3 beds, 1 bath, 1,526 sqft
603 S 3rd Ave is a 3 beds, 1 bath, 1,526 sqft single family home for sale at $119,900 in Virginia MN 55792. At 20% down it rents for an estimated $1,125/mo and returns $269/mo a month at a 9.4% 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
- $269/mo
- Cap rate
- 9.4%
- Cash-on-cash
- 13.5%
- Max offer
- $119,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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