For saleSingle family

$130,000

324 11th St S

Virginia MN 55792

3 beds, 1 bath, 1,612 sqft

324 11th St S is a 3 beds, 1 bath, 1,612 sqft single family home for sale at $130,000 in Virginia MN 55792. At 20% down it rents for an estimated $1,175/mo and returns $263/mo a month at a 8.9% 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
$1,175/mo
Monthly cash flow
$263/mo
Cap rate
8.9%
Cash-on-cash
12.1%
Max offer
$130,000

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

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