For saleSingle family
$110,000
412 N 16th St
Virginia MN 55792
3 beds, 1 bath, 1,131 sqft
412 N 16th St is a 3 beds, 1 bath, 1,131 sqft single family home for sale at $110,000 in Virginia MN 55792. At 20% down it rents for an estimated $1,125/mo and returns $340/mo a month at a 10.4% 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
- $340/mo
- Cap rate
- 10.4%
- Cash-on-cash
- 18.5%
- Max offer
- $110,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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