For saleSingle family
$550,000
3155 Poplar Rd
Duluth MN 55804
3 beds, 2 baths, 1,942 sqft
3155 Poplar Rd is a 3 beds, 2 baths, 1,942 sqft single family home for sale at $550,000 in Duluth MN 55804. At 20% down it rents for an estimated $2,350/mo and returns -$1,576/mo a month at a 3.2% 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
- $2,350/mo
- Monthly cash flow
- -$1,576/mo
- Cap rate
- 3.2%
- Cash-on-cash
- -17.2%
- Max offer
- $279,000
Offer ≤ $279,000 (49% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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