Pending saleSingle family
$329,900
5102 Colorado St
Duluth MN 55804
2 beds, 1 bath, 1,400 sqft
5102 Colorado St is a 2 beds, 1 bath, 1,400 sqft single family home pending sale at $329,900 in Duluth MN 55804. At 20% down it rents for an estimated $1,850/mo and returns -$505/mo a month at a 4.8% 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
- $1,850/mo
- Monthly cash flow
- -$505/mo
- Cap rate
- 4.8%
- Cash-on-cash
- -9.2%
- Max offer
- $219,000
Offer ≤ $219,000 (34% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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