For saleTownhouse
$350,000
4254 Oakmede Ln Unit 87B
White Bear Lake MN 55110
4 beds, 3 baths, 2,219 sqft
4254 Oakmede Ln Unit 87B is a 4 beds, 3 baths, 2,219 sqft townhouse home for sale at $350,000 in White Bear Lake MN 55110. At 20% down it rents for an estimated $2,375/mo and returns -$253/mo a month at a 5.8% 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
- $2,375/mo
- Monthly cash flow
- -$253/mo
- Cap rate
- 5.8%
- Cash-on-cash
- -4.3%
- Max offer
- $260,500
Offer ≤ $260,500 (26% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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