For saleSingle family

$149,900

301 W 4th St

Duluth MN 55806

4 beds, 1 bath, 1,601 sqft

301 W 4th St is a 4 beds, 1 bath, 1,601 sqft single family home for sale at $149,900 in Duluth MN 55806. At 20% down it rents for an estimated $2,100/mo and returns $1,030/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
$2,100/mo
Monthly cash flow
$1,030/mo
Cap rate
14.9%
Cash-on-cash
41.2%
Max offer
$149,900

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

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