For saleSingle family
$374,900
902 N 61st Ave W
Duluth MN 55807
3 beds, 2 baths, 1,673 sqft
902 N 61st Ave W is a 3 beds, 2 baths, 1,673 sqft single family home for sale at $374,900 in Duluth MN 55807. At 20% down it rents for an estimated $1,675/mo and returns -$1,001/mo a month at a 3.5% 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
- $1,675/mo
- Monthly cash flow
- -$1,001/mo
- Cap rate
- 3.5%
- Cash-on-cash
- -16.0%
- Max offer
- $198,500
Offer ≤ $198,500 (47% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading