For saleSingle family
$323,000
1735 Birch Lake Ave
White Bear Lake MN 55110
3 beds, 1.5 baths, 1,567 sqft
1735 Birch Lake Ave is a 3 beds, 1.5 baths, 1,567 sqft single family home for sale at $323,000 in White Bear Lake MN 55110. At 20% down it rents for an estimated $2,800/mo and returns $494/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
- $2,800/mo
- Monthly cash flow
- $494/mo
- Cap rate
- 8.5%
- Cash-on-cash
- 9.2%
- Max offer
- $323,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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