For saleSingle family
$299,000
2059 2nd St
White Bear Lake MN 55110
3 beds, 1 bath, 1,750 sqft
2059 2nd St is a 3 beds, 1 bath, 1,750 sqft single family home for sale at $299,000 in White Bear Lake MN 55110. At 20% down it rents for an estimated $2,850/mo and returns $716/mo a month at a 9.5% 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
- $2,850/mo
- Monthly cash flow
- $716/mo
- Cap rate
- 9.5%
- Cash-on-cash
- 14.4%
- Max offer
- $299,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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