For saleSingle family
$400,000
1357 County Road H2
White Bear Lake MN 55110
4 beds, 2.5 baths, 2,748 sqft
1357 County Road H2 is a 4 beds, 2.5 baths, 2,748 sqft single family home for sale at $400,000 in White Bear Lake MN 55110. At 20% down it rents for an estimated $3,200/mo and returns $344/mo a month at a 7.7% 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
- $3,200/mo
- Monthly cash flow
- $344/mo
- Cap rate
- 7.7%
- Cash-on-cash
- 5.2%
- Max offer
- $377,500
Offer ≤ $377,500 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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