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. See the full deal score, rent estimate, cash flow, cap rate, and max offer below.

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Strong fitSingle family4d on market

$109,000

230 N 18th Ave W

Duluth MN 55806

3 beds1 bath1,197 sqft
99
Deal score
Est. rent
$1,800/mo
Cash flow
$1,128/mo
Cap rate
18.2%
Cash-on-cash
49.7%
Max offer
$109,000
Rental verdict

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

Pro forma

Cash flow
$1,128/mo
Cap rate
18.2%
Cash-on-cash
49.7%
DSCR
3.14
Down payment25.0% · $27,250
Interest rate6.69%
Monthly rent$1,800/mo
Adjust assumptions

Every number on this page assumes the home stays rented and nothing is set aside. That is deliberate, but it is not what most landlords spend. Standard investor assumptions (23% of rent, about $414/mo for management, vacancy, maintenance and CapEx) would put cash flow at $714/mo. Set your own below.

Property management0% of rent · $0/mo
Vacancy (empty between tenants)0% of rent · $0/mo
Maintenance (small repairs)0% of rent · $0/mo
CapEx (saving for big repairs)0% of rent · $0/mo

Monthly payment (PITI)

  • Principal & interest$527
  • Property tax$109
  • Insurance$36
  • Total payment$672/mo

Cash-flow math charges taxes, insurance, HOA and PMI in full and holds nothing back from rent, the same basis your board ranks on. Management, vacancy, maintenance and CapEx are yours to set above.

Cash you'd need to close (est.)

  • Down payment (25.0%)$27,250
  • Closing costs (~3%: title, lender, prepaid escrow)$3,270
  • Reserves (2 months of payments)$1,345
  • Total cash to close$31,865

An estimate — your lender's Loan Estimate is the real number. Doesn't include any repairs needed before renting.

Where it sits

230 N 18th Ave W in context — the streets, water and amenities around it.

Street View ↗

Property details

230 N 18th Ave W · Duluth MN 55806

Beds
3
Baths
1
Square feet
1,197
Price / sqft
$91
Home type
Single family
Days on market
4 days
HOA
None
Status
For Sale

Status per the source feed — contingent/pending changes can lag the MLS by up to ~12 hours.