For saleSingle family
$474,900
4631 London Rd
Duluth MN 55804
4 beds, 3 baths, 2,638 sqft
4631 London Rd is a 4 beds, 3 baths, 2,638 sqft single family home for sale at $474,900 in Duluth MN 55804. At 20% down it rents for an estimated $2,550/mo and returns -$840/mo a month at a 4.5% 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
- -$840/mo
- Cap rate
- 4.5%
- Cash-on-cash
- -10.6%
- Max offer
- $302,000
Offer ≤ $302,000 (36% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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