For saleSingle family
$152,000
107 Parkland Ave
Duluth MN 55805
2 beds, 1 bath, 1,281 sqft
107 Parkland Ave is a 2 beds, 1 bath, 1,281 sqft single family home for sale at $152,000 in Duluth MN 55805. At 20% down it rents for an estimated $1,700/mo and returns $615/mo a month at a 11.5% 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
- $1,700/mo
- Monthly cash flow
- $615/mo
- Cap rate
- 11.5%
- Cash-on-cash
- 24.3%
- Max offer
- $152,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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