For saleCondo

$209,900

4213 Oakmede Ln Unit 120D

White Bear Lake MN 55110

2 beds, 1 bath, 1,152 sqft

4213 Oakmede Ln Unit 120D is a 2 beds, 1 bath, 1,152 sqft condo home for sale at $209,900 in White Bear Lake MN 55110. At 20% down it rents for an estimated $1,975/mo and returns $232/mo a month at a 7.8% 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
$1,975/mo
Monthly cash flow
$232/mo
Cap rate
7.8%
Cash-on-cash
6.6%
Max offer
$203,500

Offer ≤ $203,500 (3% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading listing…

Fetching the market snapshot.