For saleSingle family

$170,000

417 N 38th Ave W

Duluth MN 55807

2 beds, 1 bath, 1,082 sqft

417 N 38th Ave W is a 2 beds, 1 bath, 1,082 sqft single family home for sale at $170,000 in Duluth MN 55807. At 20% down it rents for an estimated $1,575/mo and returns $383/mo a month at a 9.2% 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
$1,575/mo
Monthly cash flow
$383/mo
Cap rate
9.2%
Cash-on-cash
13.5%
Max offer
$170,000

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

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