For saleSingle family
$299,900
1812 9th St
White Bear Lake MN 55110
2 beds, 2 baths, 1,120 sqft
1812 9th St is a 2 beds, 2 baths, 1,120 sqft single family home for sale at $299,900 in White Bear Lake MN 55110. At 20% down it rents for an estimated $2,075/mo and returns -$66/mo a month at a 6.4% 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
- $2,075/mo
- Monthly cash flow
- -$66/mo
- Cap rate
- 6.4%
- Cash-on-cash
- -1.3%
- Max offer
- $245,000
Offer ≤ $245,000 (18% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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