For saleSingle family

$199,000

2627 W 15th St

Duluth MN 55806

2 beds, 2 baths, 968 sqft

2627 W 15th St is a 2 beds, 2 baths, 968 sqft single family home for sale at $199,000 in Duluth MN 55806. At 20% down it rents for an estimated $1,575/mo and returns $179/mo a month at a 7.6% 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
$1,575/mo
Monthly cash flow
$179/mo
Cap rate
7.6%
Cash-on-cash
5.4%
Max offer
$188,500

Offer ≤ $188,500 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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