For saleSingle family

$319,000

219 Osakis St

Duluth MN 55803

4 beds, 1.5 baths, 1,716 sqft

219 Osakis St is a 4 beds, 1.5 baths, 1,716 sqft single family home for sale at $319,000 in Duluth MN 55803. At 20% down it rents for an estimated $2,475/mo and returns $198/mo a month at a 7.4% 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
$2,475/mo
Monthly cash flow
$198/mo
Cap rate
7.4%
Cash-on-cash
3.7%
Max offer
$292,000

Offer ≤ $292,000 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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