For saleSingle family
$285,000
1824 9th St
White Bear Lake MN 55110
3 beds, 1 bath, 1,450 sqft
1824 9th St is a 3 beds, 1 bath, 1,450 sqft single family home for sale at $285,000 in White Bear Lake MN 55110. At 20% down it rents for an estimated $2,800/mo and returns $765/mo a month at a 9.9% 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
- $2,800/mo
- Monthly cash flow
- $765/mo
- Cap rate
- 9.9%
- Cash-on-cash
- 16.1%
- Max offer
- $285,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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