For saleSingle family
$74,900
506 Kenwood Ave
Duluth MN 55811
3 beds, 2 baths, 987 sqft
506 Kenwood Ave is a 3 beds, 2 baths, 987 sqft single family home for sale at $74,900 in Duluth MN 55811. At 20% down it rents for an estimated $1,700/mo and returns $1,165/mo a month at a 25.3% 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
- $1,700/mo
- Monthly cash flow
- $1,165/mo
- Cap rate
- 25.3%
- Cash-on-cash
- 93.3%
- Max offer
- $74,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading