For saleSingle family
$439,000
1410 Minnesota Ave
Duluth MN 55802
2 beds, 1 bath, 768 sqft
1410 Minnesota Ave is a 2 beds, 1 bath, 768 sqft single family home for sale at $439,000 in Duluth MN 55802. At 20% down it rents for an estimated $1,300/mo and returns -$1,834/mo a month at a 1.7% 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
- $1,300/mo
- Monthly cash flow
- -$1,834/mo
- Cap rate
- 1.7%
- Cash-on-cash
- -25.1%
- Max offer
- $155,000
Offer ≤ $155,000 (65% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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