For saleSingle family
$185,000
22 E 6th St
Duluth MN 55805
2 beds, 1 bath, 812 sqft
22 E 6th St is a 2 beds, 1 bath, 812 sqft single family home for sale at $185,000 in Duluth MN 55805. At 20% down it rents for an estimated $1,300/mo and returns -$21/mo a month at a 6.5% 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
- $1,300/mo
- Monthly cash flow
- -$21/mo
- Cap rate
- 6.5%
- Cash-on-cash
- -0.7%
- Max offer
- $153,500
Offer ≤ $153,500 (17% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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