For saleSingle family

$160,000

826 E 6th St

Duluth MN 55805

3 beds, 1 bath, 980 sqft

826 E 6th St is a 3 beds, 1 bath, 980 sqft single family home for sale at $160,000 in Duluth MN 55805. At 20% down it rents for an estimated $1,675/mo and returns $533/mo a month at a 10.7% 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
$1,675/mo
Monthly cash flow
$533/mo
Cap rate
10.7%
Cash-on-cash
20.0%
Max offer
$160,000

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

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