For saleSingle family

$199,900

1127 N 46th Ave E

Duluth MN 55804

2 beds, 1 bath, 776 sqft

1127 N 46th Ave E is a 2 beds, 1 bath, 776 sqft single family home for sale at $199,900 in Duluth MN 55804. At 20% down it rents for an estimated $2,000/mo and returns $573/mo a month at a 10.1% 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
$2,000/mo
Monthly cash flow
$573/mo
Cap rate
10.1%
Cash-on-cash
17.2%
Max offer
$199,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

Loading