For saleSingle family

$389,900

2102 N Robin Ave

Duluth MN 55811

3 beds, 2 baths, 1,800 sqft

2102 N Robin Ave is a 3 beds, 2 baths, 1,800 sqft single family home for sale at $389,900 in Duluth MN 55811. At 20% down it rents for an estimated $2,000/mo and returns -$783/mo a month at a 4.3% 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
$2,000/mo
Monthly cash flow
-$783/mo
Cap rate
4.3%
Cash-on-cash
-12.1%
Max offer
$237,000

Offer ≤ $237,000 (39% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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