For saleTownhouse

$219,000

1257 Birch Ct Unit 7

White Bear Lake MN 55110

2 beds, 1.5 baths, 1,164 sqft

1257 Birch Ct Unit 7 is a 2 beds, 1.5 baths, 1,164 sqft townhouse home for sale at $219,000 in White Bear Lake MN 55110. At 20% down it rents for an estimated $2,000/mo and returns $225/mo a month at a 7.9% 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
$2,000/mo
Monthly cash flow
$225/mo
Cap rate
7.9%
Cash-on-cash
6.2%
Max offer
$210,500

Offer ≤ $210,500 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading