For saleSingle family
$238,900
3990 Martin Rd
Duluth MN 55803
3 beds, 1 bath, 960 sqft
3990 Martin Rd is a 3 beds, 1 bath, 960 sqft single family home for sale at $238,900 in Duluth MN 55803. At 20% down it rents for an estimated $2,325/mo and returns $620/mo a month at a 9.8% 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
- $2,325/mo
- Monthly cash flow
- $620/mo
- Cap rate
- 9.8%
- Cash-on-cash
- 15.6%
- Max offer
- $238,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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