For saleSingle family
$140,000
1535 97th Ave W
Duluth MN 55808
2 beds, 1 bath, 652 sqft
1535 97th Ave W is a 2 beds, 1 bath, 652 sqft single family home for sale at $140,000 in Duluth MN 55808. At 20% down it rents for an estimated $1,175/mo and returns $176/mo a month at a 8.2% 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
- $1,175/mo
- Monthly cash flow
- $176/mo
- Cap rate
- 8.2%
- Cash-on-cash
- 7.5%
- Max offer
- $138,500
Offer ≤ $138,500 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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