For saleSingle family
$125,000
1909 Southern Dr
Virginia MN 55792
1 bed, 2 baths, 818 sqft
1909 Southern Dr is a 1 bed, 2 baths, 818 sqft single family home for sale at $125,000 in Virginia MN 55792. At 20% down it rents for an estimated $850/mo and returns -$42/mo a month at a 6.3% 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
- $850/mo
- Monthly cash flow
- -$42/mo
- Cap rate
- 6.3%
- Cash-on-cash
- -2.0%
- Max offer
- $100,000
Offer ≤ $100,000 (20% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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