For saleMulti-family
$325,000
330-332 N 13th Ave E
Duluth MN 55805
6 beds, 2 baths, 2,500 sqft
330-332 N 13th Ave E is a 6 beds, 2 baths, 2,500 sqft multi-family home for sale at $325,000 in Duluth MN 55805. At 20% down it rents for an estimated $3,500/mo and returns $1,221/mo a month at a 11.0% 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
- $3,500/mo
- Monthly cash flow
- $1,221/mo
- Cap rate
- 11.0%
- Cash-on-cash
- 22.5%
- Max offer
- $325,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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