For saleMulti-family

$275,000

2174 8th St

White Bear Lake MN 55110

3 beds, 2 baths, 1,284 sqft

2174 8th St is a 3 beds, 2 baths, 1,284 sqft multi-family home for sale at $275,000 in White Bear Lake MN 55110. At 20% down it rents for an estimated $3,200/mo and returns $1,271/mo a month at a 12.1% 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
$3,200/mo
Monthly cash flow
$1,271/mo
Cap rate
12.1%
Cash-on-cash
27.7%
Max offer
$275,000

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

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