For saleSingle family
$319,900
115 W Peary St
Duluth MN 55808
4 beds, 2 baths, 1,550 sqft
115 W Peary St is a 4 beds, 2 baths, 1,550 sqft single family home for sale at $319,900 in Duluth MN 55808. At 20% down it rents for an estimated $1,450/mo and returns -$834/mo a month at a 3.5% 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
- $1,450/mo
- Monthly cash flow
- -$834/mo
- Cap rate
- 3.5%
- Cash-on-cash
- -15.6%
- Max offer
- $172,000
Offer ≤ $172,000 (46% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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