For saleSingle family
$72,900
8 Balsam Way
Duluth MN 55810
2 beds, 1 bath, 832 sqft
8 Balsam Way is a 2 beds, 1 bath, 832 sqft single family home for sale at $72,900 in Duluth MN 55810. At 20% down it rents for an estimated $1,275/mo and returns $755/mo a month at a 19.1% 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
- $1,275/mo
- Monthly cash flow
- $755/mo
- Cap rate
- 19.1%
- Cash-on-cash
- 62.1%
- Max offer
- $72,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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