For saleMulti-family
$275,000
224 E 6th St
Duluth MN 55805
4 beds, 2 baths, 1,936 sqft
224 E 6th St is a 4 beds, 2 baths, 1,936 sqft multi-family home for sale at $275,000 in Duluth MN 55805. At 20% down it rents for an estimated $2,650/mo and returns $721/mo a month at a 9.7% 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
- $2,650/mo
- Monthly cash flow
- $721/mo
- Cap rate
- 9.7%
- Cash-on-cash
- 15.7%
- Max offer
- $275,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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