For saleCondo

$169,000

5734 Otter View Trl Unit 18

White Bear Lake MN 55110

2 beds, 1 bath, 924 sqft

5734 Otter View Trl Unit 18 is a 2 beds, 1 bath, 924 sqft condo home for sale at $169,000 in White Bear Lake MN 55110. At 20% down it rents for an estimated $1,900/mo and returns $514/mo a month at a 10.2% 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
$1,900/mo
Monthly cash flow
$514/mo
Cap rate
10.2%
Cash-on-cash
18.3%
Max offer
$169,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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