For saleSingle family
$699,900
3601 E Superior St
Duluth MN 55804
3 beds, 3 baths, 2,845 sqft
3601 E Superior St is a 3 beds, 3 baths, 2,845 sqft single family home for sale at $699,900 in Duluth MN 55804. At 20% down it rents for an estimated $1,900/mo and returns -$3,096/mo a month at a 1.4% 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
- $1,900/mo
- Monthly cash flow
- -$3,096/mo
- Cap rate
- 1.4%
- Cash-on-cash
- -26.5%
- Max offer
- $227,000
Offer ≤ $227,000 (68% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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