For saleSingle family
$195,000
505 S 6th St
Virginia MN 55792
4 beds, 3 baths, 2,478 sqft
505 S 6th St is a 4 beds, 3 baths, 2,478 sqft single family home for sale at $195,000 in Virginia MN 55792. At 20% down it rents for an estimated $1,200/mo and returns -$192/mo a month at a 5.5% 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
- $1,200/mo
- Monthly cash flow
- -$192/mo
- Cap rate
- 5.5%
- Cash-on-cash
- -5.9%
- Max offer
- $141,500
Offer ≤ $141,500 (27% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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