For saleSingle family
$245,000
2260 W 13th St
Duluth MN 55806
3 beds, 1.5 baths, 1,456 sqft
2260 W 13th St is a 3 beds, 1.5 baths, 1,456 sqft single family home for sale at $245,000 in Duluth MN 55806. At 20% down it rents for an estimated $1,950/mo and returns $201/mo a month at a 7.7% 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
- $1,950/mo
- Monthly cash flow
- $201/mo
- Cap rate
- 7.7%
- Cash-on-cash
- 4.9%
- Max offer
- $230,000
Offer ≤ $230,000 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading