For saleSingle family
$175,000
303 N 18 1/2 Ave W
Duluth MN 55806
3 beds, 2 baths, 1,056 sqft
303 N 18 1/2 Ave W is a 3 beds, 2 baths, 1,056 sqft single family home for sale at $175,000 in Duluth MN 55806. At 20% down it rents for an estimated $1,675/mo and returns $426/mo a month at a 9.6% 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
- $1,675/mo
- Monthly cash flow
- $426/mo
- Cap rate
- 9.6%
- Cash-on-cash
- 14.6%
- Max offer
- $175,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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