For saleSingle family

$409,900

4815 Sharon Ln

White Bear Lake MN 55110

5 beds, 3 baths, 2,382 sqft

4815 Sharon Ln is a 5 beds, 3 baths, 2,382 sqft single family home for sale at $409,900 in White Bear Lake MN 55110. At 20% down it rents for an estimated $3,475/mo and returns $549/mo a month at a 8.3% 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
$3,475/mo
Monthly cash flow
$549/mo
Cap rate
8.3%
Cash-on-cash
8.0%
Max offer
$409,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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