For saleMulti-family
$214,900
964 87th Ave W
Duluth MN 55808
4 beds, 2 baths, 2,370 sqft
964 87th Ave W is a 4 beds, 2 baths, 2,370 sqft multi-family home for sale at $214,900 in Duluth MN 55808. At 20% down it rents for an estimated $2,350/mo and returns $816/mo a month at a 11.2% 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
- $2,350/mo
- Monthly cash flow
- $816/mo
- Cap rate
- 11.2%
- Cash-on-cash
- 22.8%
- Max offer
- $214,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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