For saleSingle family
$34,900
507 8 1/2 St S
Virginia MN 55792
3 beds, 2 baths, 1,008 sqft
507 8 1/2 St S is a 3 beds, 2 baths, 1,008 sqft single family home for sale at $34,900 in Virginia MN 55792. At 20% down it rents for an estimated $1,125/mo and returns $876/mo a month at a 36.8% 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
- $876/mo
- Cap rate
- 36.8%
- Cash-on-cash
- 150.6%
- Max offer
- $34,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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