For saleSingle family

$214,900

77 Arbutus Dr

Duluth MN 55810

3 beds, 2 baths, 2,016 sqft

77 Arbutus Dr is a 3 beds, 2 baths, 2,016 sqft single family home for sale at $214,900 in Duluth MN 55810. At 20% down it rents for an estimated $1,750/mo and returns $216/mo a month at a 7.9% 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
$1,750/mo
Monthly cash flow
$216/mo
Cap rate
7.9%
Cash-on-cash
6.0%
Max offer
$206,500

Offer ≤ $206,500 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading