For saleMulti-family
$320,000
25 E 7th St
Duluth MN 55805
4 beds, 2 baths, 1,760 sqft
25 E 7th St is a 4 beds, 2 baths, 1,760 sqft multi-family home for sale at $320,000 in Duluth MN 55805. At 20% down it rents for an estimated $2,600/mo and returns $316/mo a month at a 7.8% 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
- $2,600/mo
- Monthly cash flow
- $316/mo
- Cap rate
- 7.8%
- Cash-on-cash
- 5.9%
- Max offer
- $306,500
Offer ≤ $306,500 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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