For saleSingle family
$145,000
2024 W 5th St
Duluth MN 55806
2 beds, 1 bath, 798 sqft
2024 W 5th St is a 2 beds, 1 bath, 798 sqft single family home for sale at $145,000 in Duluth MN 55806. At 20% down it rents for an estimated $1,225/mo and returns $190/mo a month at a 8.2% 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
- $1,225/mo
- Monthly cash flow
- $190/mo
- Cap rate
- 8.2%
- Cash-on-cash
- 7.9%
- Max offer
- $144,500
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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