For saleSingle family
$442,000
4886 1st Ave N
Duluth MN 55803
3 beds, 2 baths, 1,904 sqft
4886 1st Ave N is a 3 beds, 2 baths, 1,904 sqft single family home for sale at $442,000 in Duluth MN 55803. At 20% down it rents for an estimated $2,325/mo and returns -$830/mo a month at a 4.4% 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
- $2,325/mo
- Monthly cash flow
- -$830/mo
- Cap rate
- 4.4%
- Cash-on-cash
- -11.3%
- Max offer
- $275,500
Offer ≤ $275,500 (38% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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