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 $2,250/mo and returns $258/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
- $2,250/mo
- Monthly cash flow
- $258/mo
- Cap rate
- 7.8%
- Cash-on-cash
- 5.6%
- Max offer
- $265,500
Offer ≤ $265,500 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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