For saleSingle family
$359,000
1691 4th St
White Bear Lake MN 55110
3 beds, 2 baths, 1,984 sqft
1691 4th St is a 3 beds, 2 baths, 1,984 sqft single family home for sale at $359,000 in White Bear Lake MN 55110. At 20% down it rents for an estimated $2,800/mo and returns $237/mo a month at a 7.5% 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
- $2,800/mo
- Monthly cash flow
- $237/mo
- Cap rate
- 7.5%
- Cash-on-cash
- 4.0%
- Max offer
- $330,500
Offer ≤ $330,500 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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