For saleSingle family
$348,500
707 7th St N
Virginia MN 55792
5 beds, 3 baths, 3,262 sqft
707 7th St N is a 5 beds, 3 baths, 3,262 sqft single family home for sale at $348,500 in Virginia MN 55792. At 20% down it rents for an estimated $1,225/mo and returns -$1,263/mo a month at a 2.3% 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
- $1,225/mo
- Monthly cash flow
- -$1,263/mo
- Cap rate
- 2.3%
- Cash-on-cash
- -21.7%
- Max offer
- $145,500
Offer ≤ $145,500 (58% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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