For saleSingle family
$499,900
1634 Cliff Ave
Duluth MN 55811
3 beds, 2 baths, 1,741 sqft
1634 Cliff Ave is a 3 beds, 2 baths, 1,741 sqft single family home for sale at $499,900 in Duluth MN 55811. At 20% down it rents for an estimated $2,250/mo and returns -$1,319/mo a month at a 3.5% 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
- $2,250/mo
- Monthly cash flow
- -$1,319/mo
- Cap rate
- 3.5%
- Cash-on-cash
- -15.8%
- Max offer
- $267,000
Offer ≤ $267,000 (47% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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