For saleSingle family
$375,000
2327 Circle Dr
White Bear Lake MN 55110
4 beds, 2 baths, 1,908 sqft
2327 Circle Dr is a 4 beds, 2 baths, 1,908 sqft single family home for sale at $375,000 in White Bear Lake MN 55110. At 20% down it rents for an estimated $3,125/mo and returns $448/mo a month at a 8.1% 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
- $3,125/mo
- Monthly cash flow
- $448/mo
- Cap rate
- 8.1%
- Cash-on-cash
- 7.2%
- Max offer
- $368,500
Offer ≤ $368,500 (2% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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