For saleMulti-family
$199,000
418 N 27th Ave W
Duluth MN 55806
5 beds, 2 baths, 1,850 sqft
418 N 27th Ave W is a 5 beds, 2 baths, 1,850 sqft multi-family home for sale at $199,000 in Duluth MN 55806. At 20% down it rents for an estimated $2,850/mo and returns $1,429/mo a month at a 15.3% 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
- $2,850/mo
- Monthly cash flow
- $1,429/mo
- Cap rate
- 15.3%
- Cash-on-cash
- 43.1%
- Max offer
- $199,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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