For saleSingle family

$399,900

908 N 15th St

Virginia MN 55792

3 beds, 2.5 baths, 3,605 sqft

908 N 15th St is a 3 beds, 2.5 baths, 3,605 sqft single family home for sale at $399,900 in Virginia MN 55792. At 20% down it rents for an estimated $1,125/mo and returns -$1,730/mo a month at a 1.5% 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
$1,125/mo
Monthly cash flow
-$1,730/mo
Cap rate
1.5%
Cash-on-cash
-26.0%
Max offer
$134,500

Offer ≤ $134,500 (66% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading