For saleSingle family

$165,900

513 N 60th Ave W

Duluth MN 55807

2 beds, 1 bath, 768 sqft

513 N 60th Ave W is a 2 beds, 1 bath, 768 sqft single family home for sale at $165,900 in Duluth MN 55807. At 20% down it rents for an estimated $1,575/mo and returns $411/mo a month at a 9.5% 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
$1,575/mo
Monthly cash flow
$411/mo
Cap rate
9.5%
Cash-on-cash
14.9%
Max offer
$165,900

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

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