For saleTownhouse
$300,000
2630 Aspen Ct
White Bear Lake MN 55110
3 beds, 2 baths, 1,827 sqft
2630 Aspen Ct is a 3 beds, 2 baths, 1,827 sqft townhouse home for sale at $300,000 in White Bear Lake MN 55110. At 20% down it rents for an estimated $2,450/mo and returns $96/mo a month at a 7.0% 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
- $2,450/mo
- Monthly cash flow
- $96/mo
- Cap rate
- 7.0%
- Cash-on-cash
- 1.9%
- Max offer
- $262,000
Offer ≤ $262,000 (13% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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