For saleSingle family
$47,900
33 Elder Dr
Duluth MN 55810
2 beds, 1 bath, 728 sqft
33 Elder Dr is a 2 beds, 1 bath, 728 sqft single family home for sale at $47,900 in Duluth MN 55810. At 20% down it rents for an estimated $1,275/mo and returns $933/mo a month at a 30.0% 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
- $1,275/mo
- Monthly cash flow
- $933/mo
- Cap rate
- 30.0%
- Cash-on-cash
- 116.9%
- Max offer
- $47,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading