For saleSingle family
$525,000
5845 N Shore Dr
Duluth MN 55804
3 beds, 2 baths, 1,502 sqft
5845 N Shore Dr is a 3 beds, 2 baths, 1,502 sqft single family home for sale at $525,000 in Duluth MN 55804. At 20% down it rents for an estimated $2,475/mo and returns -$1,273/mo a month at a 3.8% 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
- $2,475/mo
- Monthly cash flow
- -$1,273/mo
- Cap rate
- 3.8%
- Cash-on-cash
- -14.5%
- Max offer
- $293,500
Offer ≤ $293,500 (44% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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