For saleSingle family

$359,900

5466 Otter View Ct

White Bear Lake MN 55110

4 beds, 2 baths, 1,800 sqft

5466 Otter View Ct is a 4 beds, 2 baths, 1,800 sqft single family home for sale at $359,900 in White Bear Lake MN 55110. At 20% down it rents for an estimated $3,125/mo and returns $556/mo a month at a 8.5% 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
$3,125/mo
Monthly cash flow
$556/mo
Cap rate
8.5%
Cash-on-cash
9.3%
Max offer
$359,900

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

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