For saleSingle family

$112,000

1323 S 13th St

Virginia MN 55792

2 beds, 1 bath, 785 sqft

1323 S 13th St is a 2 beds, 1 bath, 785 sqft single family home for sale at $112,000 in Virginia MN 55792. At 20% down it rents for an estimated $975/mo and returns $175/mo a month at a 8.5% 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
$975/mo
Monthly cash flow
$175/mo
Cap rate
8.5%
Cash-on-cash
9.4%
Max offer
$112,000

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

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