For saleMulti-family
$219,900
409 N 51st Ave W
Duluth MN 55807
4 beds, 2 baths, 1,822 sqft
409 N 51st Ave W is a 4 beds, 2 baths, 1,822 sqft multi-family home for sale at $219,900 in Duluth MN 55807. At 20% down it rents for an estimated $3,200/mo and returns $1,658/mo a month at a 15.6% 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
- $3,200/mo
- Monthly cash flow
- $1,658/mo
- Cap rate
- 15.6%
- Cash-on-cash
- 45.2%
- Max offer
- $219,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.