For saleTownhouse
$195,000
5686 Otter View Trl Unit 44
White Bear Lake MN 55110
2 beds, 1 bath, 1,056 sqft
5686 Otter View Trl Unit 44 is a 2 beds, 1 bath, 1,056 sqft townhouse home for sale at $195,000 in White Bear Lake MN 55110. At 20% down it rents for an estimated $2,200/mo and returns $301/mo a month at a 8.5% 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
- $2,200/mo
- Monthly cash flow
- $301/mo
- Cap rate
- 8.5%
- Cash-on-cash
- 9.3%
- Max offer
- $195,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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