For saleMulti-family

$249,500

2128 W 6th St

Duluth MN 55806

4 beds, 2 baths, 1,632 sqft

2128 W 6th St is a 4 beds, 2 baths, 1,632 sqft multi-family home for sale at $249,500 in Duluth MN 55806. At 20% down it rents for an estimated $3,200/mo and returns $1,450/mo a month at a 13.5% 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
$3,200/mo
Monthly cash flow
$1,450/mo
Cap rate
13.5%
Cash-on-cash
34.9%
Max offer
$249,500

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

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