For saleMulti-family

$174,900

2772 Wellington St

Duluth MN 55806

4 beds, 2 baths, 1,739 sqft

2772 Wellington St is a 4 beds, 2 baths, 1,739 sqft multi-family home for sale at $174,900 in Duluth MN 55806. At 20% down it rents for an estimated $2,150/mo and returns $901/mo a month at a 12.9% 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
$2,150/mo
Monthly cash flow
$901/mo
Cap rate
12.9%
Cash-on-cash
30.9%
Max offer
$174,900

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

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