For saleSingle family
$329,900
5228 Ivanhoe St
Duluth MN 55804
2 beds, 2 baths, 1,656 sqft
5228 Ivanhoe St is a 2 beds, 2 baths, 1,656 sqft single family home for sale at $329,900 in Duluth MN 55804. At 20% down it rents for an estimated $2,000/mo and returns -$355/mo a month at a 5.4% 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
- $2,000/mo
- Monthly cash flow
- -$355/mo
- Cap rate
- 5.4%
- Cash-on-cash
- -6.5%
- Max offer
- $236,500
Offer ≤ $236,500 (28% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading