For saleSingle family

$200,000

5818 Elinor St

Duluth MN 55807

3 beds, 1 bath, 1,056 sqft

5818 Elinor St is a 3 beds, 1 bath, 1,056 sqft single family home for sale at $200,000 in Duluth MN 55807. At 20% down it rents for an estimated $1,800/mo and returns $397/mo a month at a 8.9% 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
$1,800/mo
Monthly cash flow
$397/mo
Cap rate
8.9%
Cash-on-cash
11.9%
Max offer
$200,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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