For saleSingle family

$279,000

3414 Allendale Ave

Duluth MN 55803

3 beds, 1 bath, 1,014 sqft

3414 Allendale Ave is a 3 beds, 1 bath, 1,014 sqft single family home for sale at $279,000 in Duluth MN 55803. At 20% down it rents for an estimated $2,075/mo and returns $118/mo a month at a 7.0% 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
$2,075/mo
Monthly cash flow
$118/mo
Cap rate
7.0%
Cash-on-cash
2.5%
Max offer
$248,500

Offer ≤ $248,500 (11% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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