For saleMulti-family
$699,000
1530-1532 E 1st St
Duluth MN 55812
9 beds, 4 baths, 4,566 sqft
1530-1532 E 1st St is a 9 beds, 4 baths, 4,566 sqft multi-family home for sale at $699,000 in Duluth MN 55812. At 20% down it rents for an estimated $9,000/mo and returns $4,097/mo a month at a 13.6% 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
- $9,000/mo
- Monthly cash flow
- $4,097/mo
- Cap rate
- 13.6%
- Cash-on-cash
- 35.2%
- Max offer
- $699,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.