For saleSingle family

$239,000

819 N 47th Ave E

Duluth MN 55804

4 beds, 2 baths, 1,725 sqft

819 N 47th Ave E is a 4 beds, 2 baths, 1,725 sqft single family home for sale at $239,000 in Duluth MN 55804. At 20% down it rents for an estimated $2,550/mo and returns $844/mo a month at a 10.9% 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
$2,550/mo
Monthly cash flow
$844/mo
Cap rate
10.9%
Cash-on-cash
21.2%
Max offer
$239,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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