For saleSingle family

$183,900

517 E 8th St

Duluth MN 55805

2 beds, 1 bath, 992 sqft

517 E 8th St is a 2 beds, 1 bath, 992 sqft single family home for sale at $183,900 in Duluth MN 55805. At 20% down it rents for an estimated $1,600/mo and returns $310/mo a month at a 8.5% 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
$1,600/mo
Monthly cash flow
$310/mo
Cap rate
8.5%
Cash-on-cash
10.1%
Max offer
$183,900

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

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