For saleMulti-family
$314,900
2525-2527 W 2nd St
Duluth MN 55806
4 beds, 4 baths, 2,960 sqft
2525-2527 W 2nd St is a 4 beds, 4 baths, 2,960 sqft multi-family home for sale at $314,900 in Duluth MN 55806. At 20% down it rents for an estimated $2,450/mo and returns $202/mo a month at a 7.4% 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
- $2,450/mo
- Monthly cash flow
- $202/mo
- Cap rate
- 7.4%
- Cash-on-cash
- 3.8%
- Max offer
- $289,000
Offer ≤ $289,000 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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