For saleMulti-family

$225,000

725 W 2nd St

Duluth MN 55806

3 beds, 2 baths, 1,940 sqft

725 W 2nd St is a 3 beds, 2 baths, 1,940 sqft multi-family home for sale at $225,000 in Duluth MN 55806. At 20% down it rents for an estimated $3,150/mo and returns $1,572/mo a month at a 14.9% 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
$3,150/mo
Monthly cash flow
$1,572/mo
Cap rate
14.9%
Cash-on-cash
41.9%
Max offer
$225,000

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

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