For saleSingle family
$299,900
716 S 9th St
Virginia MN 55792
2 beds, 2 baths, 2,447 sqft
716 S 9th St is a 2 beds, 2 baths, 2,447 sqft single family home for sale at $299,900 in Virginia MN 55792. At 20% down it rents for an estimated $975/mo and returns -$1,166/mo a month at a 2.0% 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
- -$1,166/mo
- Cap rate
- 2.0%
- Cash-on-cash
- -23.3%
- Max offer
- $116,000
Offer ≤ $116,000 (61% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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