For saleSingle family
$280,000
2601 Piedmont Ave
Duluth MN 55811
4 beds, 2 baths, 1,572 sqft
2601 Piedmont Ave is a 4 beds, 2 baths, 1,572 sqft single family home for sale at $280,000 in Duluth MN 55811. At 20% down it rents for an estimated $2,700/mo and returns $701/mo a month at a 9.7% 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
- $2,700/mo
- Monthly cash flow
- $701/mo
- Cap rate
- 9.7%
- Cash-on-cash
- 15.0%
- Max offer
- $280,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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