For saleSingle family

$209,900

331 N 63rd Ave W

Duluth MN 55807

2 beds, 2 baths, 1,105 sqft

331 N 63rd Ave W is a 2 beds, 2 baths, 1,105 sqft single family home for sale at $209,900 in Duluth MN 55807. At 20% down it rents for an estimated $1,575/mo and returns $103/mo a month at a 7.1% 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
$1,575/mo
Monthly cash flow
$103/mo
Cap rate
7.1%
Cash-on-cash
2.9%
Max offer
$188,500

Offer ≤ $188,500 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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