For saleSingle family

$299,900

1753 Florence St

White Bear Lake MN 55110

3 beds, 1 bath, 968 sqft

1753 Florence St is a 3 beds, 1 bath, 968 sqft single family home for sale at $299,900 in White Bear Lake MN 55110. At 20% down it rents for an estimated $2,400/mo and returns $297/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
$2,400/mo
Monthly cash flow
$297/mo
Cap rate
7.7%
Cash-on-cash
5.9%
Max offer
$287,500

Offer ≤ $287,500 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading listing…

Fetching the market snapshot.