For saleSingle family

$205,000

617 N 17th Ave E

Duluth MN 55812

3 beds, 1 bath, 1,289 sqft

617 N 17th Ave E is a 3 beds, 1 bath, 1,289 sqft single family home for sale at $205,000 in Duluth MN 55812. At 20% down it rents for an estimated $1,800/mo and returns $337/mo a month at a 8.6% 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
$1,800/mo
Monthly cash flow
$337/mo
Cap rate
8.6%
Cash-on-cash
9.9%
Max offer
$205,000

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

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