For saleSingle family
$299,000
202 St Paul Ave
Duluth MN 55803
2 beds, 2 baths, 1,253 sqft
202 St Paul Ave is a 2 beds, 2 baths, 1,253 sqft single family home for sale at $299,000 in Duluth MN 55803. At 20% down it rents for an estimated $1,950/mo and returns -$184/mo a month at a 5.9% 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
- $1,950/mo
- Monthly cash flow
- -$184/mo
- Cap rate
- 5.9%
- Cash-on-cash
- -3.7%
- Max offer
- $230,500
Offer ≤ $230,500 (23% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading