For saleMulti-family

$200,000

128 N 64th Ave W

Duluth MN 55807

3 beds, 2 baths, 1,570 sqft

128 N 64th Ave W is a 3 beds, 2 baths, 1,570 sqft multi-family home for sale at $200,000 in Duluth MN 55807. At 20% down it rents for an estimated $3,200/mo and returns $1,797/mo a month at a 17.3% 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
$3,200/mo
Monthly cash flow
$1,797/mo
Cap rate
17.3%
Cash-on-cash
53.9%
Max offer
$200,000

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

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