For saleSingle family

$154,900

317 N 13th Ave E

Duluth MN 55805

4 beds, 2 baths, 1,120 sqft

317 N 13th Ave E is a 4 beds, 2 baths, 1,120 sqft single family home for sale at $154,900 in Duluth MN 55805. At 20% down it rents for an estimated $1,975/mo and returns $869/mo a month at a 13.4% 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
$1,975/mo
Monthly cash flow
$869/mo
Cap rate
13.4%
Cash-on-cash
33.7%
Max offer
$154,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

Loading