For saleMulti-family
$549,900
1432 E 4th St
Duluth MN 55805
10 beds, 2 baths, 3,183 sqft
1432 E 4th St is a 10 beds, 2 baths, 3,183 sqft multi-family home for sale at $549,900 in Duluth MN 55805. At 20% down it rents for an estimated $3,350/mo and returns -$576/mo a month at a 5.4% 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
- $3,350/mo
- Monthly cash flow
- -$576/mo
- Cap rate
- 5.4%
- Cash-on-cash
- -6.3%
- Max offer
- $396,000
Offer ≤ $396,000 (28% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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