For saleCondo
$190,000
1799 1/2 County Road E E Unit 30
White Bear Lake MN 55110
2 beds, 2 baths, 1,080 sqft
1799 1/2 County Road E E Unit 30 is a 2 beds, 2 baths, 1,080 sqft condo home for sale at $190,000 in White Bear Lake MN 55110. At 20% down it rents for an estimated $2,000/mo and returns $364/mo a month at a 9.0% 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
- $364/mo
- Cap rate
- 9.0%
- Cash-on-cash
- 11.5%
- Max offer
- $190,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading