For saleSingle family

$150,000

1401 104th Ave W

Duluth MN 55808

2 beds, 1 bath, 640 sqft

1401 104th Ave W is a 2 beds, 1 bath, 640 sqft single family home for sale at $150,000 in Duluth MN 55808. At 20% down it rents for an estimated $1,175/mo and returns $104/mo a month at a 7.5% 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
$1,175/mo
Monthly cash flow
$104/mo
Cap rate
7.5%
Cash-on-cash
4.2%
Max offer
$138,500

Offer ≤ $138,500 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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