For saleSingle family
$249,000
4209 Lakewood Ave
White Bear Lake MN 55110
3 beds, 1 bath, 1,240 sqft
4209 Lakewood Ave is a 3 beds, 1 bath, 1,240 sqft single family home for sale at $249,000 in White Bear Lake MN 55110. At 20% down it rents for an estimated $2,800/mo and returns $1,022/mo a month at a 11.6% 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
- $1,022/mo
- Cap rate
- 11.6%
- Cash-on-cash
- 24.6%
- Max offer
- $249,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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