For saleSingle family

$30,000

612 N 58th Ave W

Duluth MN 55807

1,272 sqft

612 N 58th Ave W is a 1,272 sqft single family home for sale at $30,000 in Duluth MN 55807. At 20% down it rents for an estimated $1,050/mo and returns $840/mo a month at a 40.1% 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
$1,050/mo
Monthly cash flow
$840/mo
Cap rate
40.1%
Cash-on-cash
167.9%
Max offer
$30,000

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

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