For saleSingle family

$254,900

2101 E 1st St

Duluth MN 55812

4 beds, 2 baths, 2,088 sqft

2101 E 1st St is a 4 beds, 2 baths, 2,088 sqft single family home for sale at $254,900 in Duluth MN 55812. At 20% down it rents for an estimated $2,350/mo and returns $530/mo a month at a 9.2% 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
$2,350/mo
Monthly cash flow
$530/mo
Cap rate
9.2%
Cash-on-cash
12.5%
Max offer
$254,900

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

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