For saleSingle family

$29,900

1705 N 9th Ave

Virginia MN 55792

3 beds, 3 baths, 1,489 sqft

1705 N 9th Ave is a 3 beds, 3 baths, 1,489 sqft single family home for sale at $29,900 in Virginia MN 55792. At 20% down it rents for an estimated $1,125/mo and returns $915/mo a month at a 43.3% 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
$1,125/mo
Monthly cash flow
$915/mo
Cap rate
43.3%
Cash-on-cash
183.7%
Max offer
$29,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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