For saleSingle family
$499,995
5961 Norway Pine Ct
White Bear Lake MN 55110
5 beds, 4 baths, 2,920 sqft
5961 Norway Pine Ct is a 5 beds, 4 baths, 2,920 sqft single family home for sale at $499,995 in White Bear Lake MN 55110. At 20% down it rents for an estimated $4,500/mo and returns $931/mo a month at a 8.9% 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
- $4,500/mo
- Monthly cash flow
- $931/mo
- Cap rate
- 8.9%
- Cash-on-cash
- 11.2%
- Max offer
- $499,995
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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