For saleSingle family
$123,000
506 N 13th Ave E
Duluth MN 55805
2 beds, 1 bath, 1,032 sqft
506 N 13th Ave E is a 2 beds, 1 bath, 1,032 sqft single family home for sale at $123,000 in Duluth MN 55805. At 20% down it rents for an estimated $1,475/mo and returns $597/mo a month at a 12.5% 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
- $1,475/mo
- Monthly cash flow
- $597/mo
- Cap rate
- 12.5%
- Cash-on-cash
- 29.1%
- Max offer
- $123,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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