For saleSingle family

$239,900

2115 1st St

White Bear Lake MN 55110

3 beds, 1 bath, 1,032 sqft

2115 1st St is a 3 beds, 1 bath, 1,032 sqft single family home for sale at $239,900 in White Bear Lake MN 55110. At 20% down it rents for an estimated $2,400/mo and returns $717/mo a month at a 10.1% 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
$2,400/mo
Monthly cash flow
$717/mo
Cap rate
10.1%
Cash-on-cash
17.9%
Max offer
$239,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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