For saleSingle family

$245,000

4125 Woodland Ave

Duluth MN 55803

3 beds, 1 bath, 1,332 sqft

4125 Woodland Ave is a 3 beds, 1 bath, 1,332 sqft single family home for sale at $245,000 in Duluth MN 55803. At 20% down it rents for an estimated $2,300/mo and returns $551/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
$2,300/mo
Monthly cash flow
$551/mo
Cap rate
9.4%
Cash-on-cash
13.5%
Max offer
$245,000

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

Loading