For saleSingle family

$214,900

1510 Jefferson St

Duluth MN 55812

3 beds, 1 bath, 1,206 sqft

1510 Jefferson St is a 3 beds, 1 bath, 1,206 sqft single family home for sale at $214,900 in Duluth MN 55812. At 20% down it rents for an estimated $1,750/mo and returns $243/mo a month at a 7.9% 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
$1,750/mo
Monthly cash flow
$243/mo
Cap rate
7.9%
Cash-on-cash
6.8%
Max offer
$209,500

Offer ≤ $209,500 (3% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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