For saleSingle family
$475,000
5217 Norwood St
Duluth MN 55804
3 beds, 2 baths, 1,612 sqft
5217 Norwood St is a 3 beds, 2 baths, 1,612 sqft single family home for sale at $475,000 in Duluth MN 55804. At 20% down it rents for an estimated $2,350/mo and returns -$1,041/mo a month at a 4.0% 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
- $2,350/mo
- Monthly cash flow
- -$1,041/mo
- Cap rate
- 4.0%
- Cash-on-cash
- -13.1%
- Max offer
- $278,500
Offer ≤ $278,500 (41% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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