For saleSingle family

$120,000

3201 Chestnut St

Duluth MN 55806

2 beds, 1 bath, 1,051 sqft

3201 Chestnut St is a 2 beds, 1 bath, 1,051 sqft single family home for sale at $120,000 in Duluth MN 55806. At 20% down it rents for an estimated $1,575/mo and returns $733/mo a month at a 13.9% 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
$733/mo
Cap rate
13.9%
Cash-on-cash
36.7%
Max offer
$120,000

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

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