For saleSingle family

$109,000

230 N 18th Ave W

Duluth MN 55806

3 beds, 1 bath, 1,197 sqft

230 N 18th Ave W is a 3 beds, 1 bath, 1,197 sqft single family home for sale at $109,000 in Duluth MN 55806. At 20% down it rents for an estimated $1,425/mo and returns $647/mo a month at a 13.8% 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
$1,425/mo
Monthly cash flow
$647/mo
Cap rate
13.8%
Cash-on-cash
35.6%
Max offer
$109,000

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

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