For saleSingle family
$275,000
1893 Highway 96 E
White Bear Lake MN 55110
2 beds, 1 bath, 823 sqft
1893 Highway 96 E is a 2 beds, 1 bath, 823 sqft single family home for sale at $275,000 in White Bear Lake MN 55110. At 20% down it rents for an estimated $2,475/mo and returns $512/mo a month at a 8.9% 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
- $2,475/mo
- Monthly cash flow
- $512/mo
- Cap rate
- 8.9%
- Cash-on-cash
- 11.2%
- Max offer
- $275,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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