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 $2,850/mo and returns $1,137/mo a month at a 12.4% 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
- $2,850/mo
- Monthly cash flow
- $1,137/mo
- Cap rate
- 12.4%
- Cash-on-cash
- 28.4%
- Max offer
- $239,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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