For saleSingle family
$350,000
2425 Vermilion Rd
Duluth MN 55803
5 beds, 2 baths, 1,836 sqft
2425 Vermilion Rd is a 5 beds, 2 baths, 1,836 sqft single family home for sale at $350,000 in Duluth MN 55803. At 20% down it rents for an estimated $2,500/mo and returns $45/mo a month at a 6.7% 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
- $2,500/mo
- Monthly cash flow
- $45/mo
- Cap rate
- 6.7%
- Cash-on-cash
- 0.8%
- Max offer
- $299,500
Offer ≤ $299,500 (14% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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