For saleSingle family
$199,000
1536 N 8th Ave E
Duluth MN 55805
1 bed, 1 bath, 603 sqft
1536 N 8th Ave E is a 1 bed, 1 bath, 603 sqft single family home for sale at $199,000 in Duluth MN 55805. At 20% down it rents for an estimated $1,700/mo and returns $279/mo a month at a 8.4% 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
- $1,700/mo
- Monthly cash flow
- $279/mo
- Cap rate
- 8.4%
- Cash-on-cash
- 8.4%
- Max offer
- $199,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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