For saleSingle family

$189,900

312 E 6th St

Duluth MN 55805

3 beds, 1.5 baths, 1,131 sqft

312 E 6th St is a 3 beds, 1.5 baths, 1,131 sqft single family home for sale at $189,900 in Duluth MN 55805. At 20% down it rents for an estimated $1,700/mo and returns $368/mo a month at a 8.8% 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
$1,700/mo
Monthly cash flow
$368/mo
Cap rate
8.8%
Cash-on-cash
11.6%
Max offer
$189,900

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

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