For saleMulti-family

$275,000

432 N 7th Ave E

Duluth MN 55805

4 beds, 1 bath, 1,364 sqft

432 N 7th Ave E is a 4 beds, 1 bath, 1,364 sqft multi-family home for sale at $275,000 in Duluth MN 55805. At 20% down it rents for an estimated $3,150/mo and returns $1,221/mo a month at a 11.8% 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
$3,150/mo
Monthly cash flow
$1,221/mo
Cap rate
11.8%
Cash-on-cash
26.6%
Max offer
$275,000

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

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