For saleSingle family
$164,900
2 Barker Dr
Duluth MN 55808
3 beds, 2 baths, 1,404 sqft
2 Barker Dr is a 3 beds, 2 baths, 1,404 sqft single family home for sale at $164,900 in Duluth MN 55808. At 20% down it rents for an estimated $1,325/mo and returns $148/mo a month at a 7.7% 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
- $1,325/mo
- Monthly cash flow
- $148/mo
- Cap rate
- 7.7%
- Cash-on-cash
- 5.4%
- Max offer
- $156,000
Offer ≤ $156,000 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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