For saleSingle family
$474,900
5247 Greenwood Rd
Duluth MN 55804
3 beds, 2 baths, 1,992 sqft
5247 Greenwood Rd is a 3 beds, 2 baths, 1,992 sqft single family home for sale at $474,900 in Duluth MN 55804. At 20% down it rents for an estimated $2,475/mo and returns -$915/mo a month at a 4.4% 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
- $2,475/mo
- Monthly cash flow
- -$915/mo
- Cap rate
- 4.4%
- Cash-on-cash
- -11.6%
- Max offer
- $293,000
Offer ≤ $293,000 (38% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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