For saleSingle family

$140,000

421 S 69th Ave W

Duluth MN 55807

2 beds, 1 bath, 822 sqft

421 S 69th Ave W is a 2 beds, 1 bath, 822 sqft single family home for sale at $140,000 in Duluth MN 55807. At 20% down it rents for an estimated $1,200/mo and returns $201/mo a month at a 8.4% 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
$1,200/mo
Monthly cash flow
$201/mo
Cap rate
8.4%
Cash-on-cash
8.6%
Max offer
$140,000

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

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