For saleSingle family
$289,000
1308 E 4th St
Duluth MN 55805
5 beds, 1 bath, 1,743 sqft
1308 E 4th St is a 5 beds, 1 bath, 1,743 sqft single family home for sale at $289,000 in Duluth MN 55805. At 20% down it rents for an estimated $2,225/mo and returns $162/mo a month at a 7.3% 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
- $2,225/mo
- Monthly cash flow
- $162/mo
- Cap rate
- 7.3%
- Cash-on-cash
- 3.4%
- Max offer
- $262,500
Offer ≤ $262,500 (9% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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