For saleSingle family

$98,500

521 10th St S

Virginia MN 55792

3 beds, 1 bath, 1,104 sqft

521 10th St S is a 3 beds, 1 bath, 1,104 sqft single family home for sale at $98,500 in Virginia MN 55792. At 20% down it rents for an estimated $1,125/mo and returns $422/mo a month at a 11.8% 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
$422/mo
Cap rate
11.8%
Cash-on-cash
25.7%
Max offer
$98,500

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

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