For saleMulti-family
$164,900
613 N 59th Ave W
Duluth MN 55807
2 beds, 2 baths, 1,374 sqft
613 N 59th Ave W is a 2 beds, 2 baths, 1,374 sqft multi-family home for sale at $164,900 in Duluth MN 55807. At 20% down it rents for an estimated $1,300/mo and returns $143/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
- $1,300/mo
- Monthly cash flow
- $143/mo
- Cap rate
- 7.6%
- Cash-on-cash
- 5.2%
- Max offer
- $155,500
Offer ≤ $155,500 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.