For saleSingle family
$249,000
5216 Wyoming St
Duluth MN 55804
2 beds, 1 bath, 756 sqft
5216 Wyoming St is a 2 beds, 1 bath, 756 sqft single family home for sale at $249,000 in Duluth MN 55804. At 20% down it rents for an estimated $1,975/mo and returns $197/mo a month at a 7.6% 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
- $1,975/mo
- Monthly cash flow
- $197/mo
- Cap rate
- 7.6%
- Cash-on-cash
- 4.8%
- Max offer
- $233,000
Offer ≤ $233,000 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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