For saleSingle family

$62,500

13 Coban Dr

Duluth MN 55808

3 beds, 2 baths, 2,000 sqft

13 Coban Dr is a 3 beds, 2 baths, 2,000 sqft single family home for sale at $62,500 in Duluth MN 55808. At 20% down it rents for an estimated $1,800/mo and returns $1,362/mo a month at a 32.7% 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
$1,800/mo
Monthly cash flow
$1,362/mo
Cap rate
32.7%
Cash-on-cash
130.7%
Max offer
$62,500

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

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