For saleSingle family

$240,000

1381 White Bear Ave N

Saint Paul MN 55106

3 beds, 1 bath, 1,344 sqft

1381 White Bear Ave N is a 3 beds, 1 bath, 1,344 sqft single family home for sale at $240,000 in Saint Paul MN 55106. At 20% down it rents for an estimated $1,800/mo and returns $117/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
$1,800/mo
Monthly cash flow
$117/mo
Cap rate
7.1%
Cash-on-cash
2.9%
Max offer
$215,500

Offer ≤ $215,500 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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