For saleMulti-family
$339,900
1625 E 1st St
Duluth MN 55812
4 beds, 3 baths, 1,984 sqft
1625 E 1st St is a 4 beds, 3 baths, 1,984 sqft multi-family home for sale at $339,900 in Duluth MN 55812. At 20% down it rents for an estimated $3,100/mo and returns $674/mo a month at a 9.0% 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
- $3,100/mo
- Monthly cash flow
- $674/mo
- Cap rate
- 9.0%
- Cash-on-cash
- 11.9%
- Max offer
- $339,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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