For saleSingle family
$335,000
5811 Glenwood St
Duluth MN 55804
3 beds, 1 bath, 1,687 sqft
5811 Glenwood St is a 3 beds, 1 bath, 1,687 sqft single family home for sale at $335,000 in Duluth MN 55804. At 20% down it rents for an estimated $2,175/mo and returns -$216/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
- $2,175/mo
- Monthly cash flow
- -$216/mo
- Cap rate
- 5.9%
- Cash-on-cash
- -3.9%
- Max offer
- $257,000
Offer ≤ $257,000 (23% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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