For saleSingle family
$145,000
509 N 21st Ave W
Duluth MN 55806
3 beds, 2 baths, 1,176 sqft
509 N 21st Ave W is a 3 beds, 2 baths, 1,176 sqft single family home for sale at $145,000 in Duluth MN 55806. At 20% down it rents for an estimated $1,425/mo and returns $390/mo a month at a 9.9% 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
- $1,425/mo
- Monthly cash flow
- $390/mo
- Cap rate
- 9.9%
- Cash-on-cash
- 16.1%
- Max offer
- $145,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading