For saleSingle family
$239,900
316 W Owatonna St
Duluth MN 55803
3 beds, 1 bath, 1,248 sqft
316 W Owatonna St is a 3 beds, 1 bath, 1,248 sqft single family home for sale at $239,900 in Duluth MN 55803. At 20% down it rents for an estimated $2,250/mo and returns $537/mo a month at a 9.4% 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
- $2,250/mo
- Monthly cash flow
- $537/mo
- Cap rate
- 9.4%
- Cash-on-cash
- 13.4%
- Max offer
- $239,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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