For saleSingle family
$54,900
1520 W 1st St
Duluth MN 55806
3 beds, 1 bath, 1,344 sqft
1520 W 1st St is a 3 beds, 1 bath, 1,344 sqft single family home for sale at $54,900 in Duluth MN 55806. At 20% down it rents for an estimated $1,375/mo and returns $983/mo a month at a 28.2% 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
- $1,375/mo
- Monthly cash flow
- $983/mo
- Cap rate
- 28.2%
- Cash-on-cash
- 107.4%
- Max offer
- $54,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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