For saleMulti-family
$375,000
217 E 7th St
Duluth MN 55805
8 beds, 3 baths, 2,860 sqft
217 E 7th St is a 8 beds, 3 baths, 2,860 sqft multi-family home for sale at $375,000 in Duluth MN 55805. At 20% down it rents for an estimated $5,250/mo and returns $2,620/mo a month at a 14.9% 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
- $5,250/mo
- Monthly cash flow
- $2,620/mo
- Cap rate
- 14.9%
- Cash-on-cash
- 41.9%
- Max offer
- $375,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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