For saleSingle family
$374,900
2688 Cedar Ave
White Bear Lake MN 55110
3 beds, 1 bath, 989 sqft
2688 Cedar Ave is a 3 beds, 1 bath, 989 sqft single family home for sale at $374,900 in White Bear Lake MN 55110. At 20% down it rents for an estimated $2,450/mo and returns -$226/mo a month at a 5.9% 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
- -$226/mo
- Cap rate
- 5.9%
- Cash-on-cash
- -3.6%
- Max offer
- $289,500
Offer ≤ $289,500 (23% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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