For saleMulti-family
$35,000
119 8th St S
Virginia MN 55792
3 beds, 2 baths, 2,012 sqft
119 8th St S is a 3 beds, 2 baths, 2,012 sqft multi-family home for sale at $35,000 in Virginia MN 55792. At 20% down it rents for an estimated $2,000/mo and returns $1,750/mo a month at a 66.7% 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
- $2,000/mo
- Monthly cash flow
- $1,750/mo
- Cap rate
- 66.7%
- Cash-on-cash
- 300.0%
- Max offer
- $35,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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