For saleSingle family
$359,900
5474 Portland Ave
White Bear Lake MN 55110
3 beds, 2 baths, 1,404 sqft
5474 Portland Ave is a 3 beds, 2 baths, 1,404 sqft single family home for sale at $359,900 in White Bear Lake MN 55110. At 20% down it rents for an estimated $2,825/mo and returns $256/mo a month at a 7.5% 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
- $2,825/mo
- Monthly cash flow
- $256/mo
- Cap rate
- 7.5%
- Cash-on-cash
- 4.3%
- Max offer
- $333,500
Offer ≤ $333,500 (7% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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