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 $2,200/mo and returns $793/mo a month at a 12.3% 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
$2,200/mo
Monthly cash flow
$793/mo
Cap rate
12.3%
Cash-on-cash
28.2%
Max offer
$169,000

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

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