For saleCondo
$214,900
1827 County Road E Unit 18
White Bear Lake MN 55110
3 beds, 2 baths, 1,433 sqft
1827 County Road E Unit 18 is a 3 beds, 2 baths, 1,433 sqft condo home for sale at $214,900 in White Bear Lake MN 55110. At 20% down it rents for an estimated $2,225/mo and returns $431/mo a month at a 9.1% 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
- $2,225/mo
- Monthly cash flow
- $431/mo
- Cap rate
- 9.1%
- Cash-on-cash
- 12.0%
- Max offer
- $214,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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