For saleSingle family
$175,000
3005 Wellington St
Duluth MN 55806
4 beds, 2 baths, 1,288 sqft
3005 Wellington St is a 4 beds, 2 baths, 1,288 sqft single family home for sale at $175,000 in Duluth MN 55806. At 20% down it rents for an estimated $2,250/mo and returns $1,001/mo a month at a 13.5% 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
- $1,001/mo
- Cap rate
- 13.5%
- Cash-on-cash
- 34.3%
- Max offer
- $175,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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