For saleSingle family

$239,000

815 E 7th St

Duluth MN 55805

3 beds, 1.5 baths, 1,473 sqft

815 E 7th St is a 3 beds, 1.5 baths, 1,473 sqft single family home for sale at $239,000 in Duluth MN 55805. At 20% down it rents for an estimated $1,750/mo and returns $74/mo a month at a 6.9% 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
$1,750/mo
Monthly cash flow
$74/mo
Cap rate
6.9%
Cash-on-cash
1.9%
Max offer
$209,500

Offer ≤ $209,500 (12% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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