For saleSingle family

$199,900

6420 Polk St

Duluth MN 55807

3 beds, 1 bath, 1,060 sqft

6420 Polk St is a 3 beds, 1 bath, 1,060 sqft single family home for sale at $199,900 in Duluth MN 55807. At 20% down it rents for an estimated $1,800/mo and returns $398/mo a month at a 8.9% 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
$1,800/mo
Monthly cash flow
$398/mo
Cap rate
8.9%
Cash-on-cash
11.9%
Max offer
$199,900

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

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