For saleSingle family
$345,000
1614 Linzie Rd
Duluth MN 55811
3 beds, 2 baths, 1,589 sqft
1614 Linzie Rd is a 3 beds, 2 baths, 1,589 sqft single family home for sale at $345,000 in Duluth MN 55811. At 20% down it rents for an estimated $2,325/mo and returns -$138/mo a month at a 6.2% 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
- $2,325/mo
- Monthly cash flow
- -$138/mo
- Cap rate
- 6.2%
- Cash-on-cash
- -2.4%
- Max offer
- $274,500
Offer ≤ $274,500 (20% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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