For saleSingle family

$260,000

105 Glencrest Ct

Duluth MN 55808

3 beds, 2 baths, 1,096 sqft

105 Glencrest Ct is a 3 beds, 2 baths, 1,096 sqft single family home for sale at $260,000 in Duluth MN 55808. At 20% down it rents for an estimated $1,325/mo and returns -$531/mo a month at a 4.2% 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
$1,325/mo
Monthly cash flow
-$531/mo
Cap rate
4.2%
Cash-on-cash
-12.3%
Max offer
$157,000

Offer ≤ $157,000 (40% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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