For saleSingle family

$170,000

3335 Restormel St

Duluth MN 55806

3 beds, 1 bath, 1,064 sqft

3335 Restormel St is a 3 beds, 1 bath, 1,064 sqft single family home for sale at $170,000 in Duluth MN 55806. At 20% down it rents for an estimated $1,800/mo and returns $608/mo a month at a 10.8% 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
$1,800/mo
Monthly cash flow
$608/mo
Cap rate
10.8%
Cash-on-cash
21.4%
Max offer
$170,000

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

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