For saleSingle family

$320,000

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 $320,000 in White Bear Lake MN 55110. At 20% down it rents for an estimated $2,400/mo and returns $156/mo a month at a 7.1% 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
$156/mo
Cap rate
7.1%
Cash-on-cash
2.9%
Max offer
$287,500

Offer ≤ $287,500 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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