For saleSingle family
$54,900
3 Coban Dr
Duluth MN 55808
3 beds, 2 baths, 1,216 sqft
3 Coban Dr is a 3 beds, 2 baths, 1,216 sqft single family home for sale at $54,900 in Duluth MN 55808. At 20% down it rents for an estimated $1,325/mo and returns $933/mo a month at a 27.1% 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
- $1,325/mo
- Monthly cash flow
- $933/mo
- Cap rate
- 27.1%
- Cash-on-cash
- 102.0%
- Max offer
- $54,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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