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 $2,125/mo and returns $98/mo a month at a 6.9% 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
$2,125/mo
Monthly cash flow
$98/mo
Cap rate
6.9%
Cash-on-cash
2.0%
Max offer
$254,500

Offer ≤ $254,500 (12% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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