For saleSingle family
$364,900
3890 Hill Ave
White Bear Lake MN 55110
3 beds, 2 baths, 1,538 sqft
3890 Hill Ave is a 3 beds, 2 baths, 1,538 sqft single family home for sale at $364,900 in White Bear Lake MN 55110. At 20% down it rents for an estimated $2,700/mo and returns $95/mo a month at a 7.0% 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
- $2,700/mo
- Monthly cash flow
- $95/mo
- Cap rate
- 7.0%
- Cash-on-cash
- 1.6%
- Max offer
- $319,000
Offer ≤ $319,000 (13% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading