For saleSingle family
$180,000
521 Sparkman Ave
Duluth MN 55803
3 beds, 1 bath, 1,157 sqft
521 Sparkman Ave is a 3 beds, 1 bath, 1,157 sqft single family home for sale at $180,000 in Duluth MN 55803. At 20% down it rents for an estimated $1,900/mo and returns $638/mo a month at a 10.8% 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
- $1,900/mo
- Monthly cash flow
- $638/mo
- Cap rate
- 10.8%
- Cash-on-cash
- 21.3%
- Max offer
- $180,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.