For saleSingle family
$335,000
11832 Ironwood Dr
Baxter MN 56425
4 beds, 2 baths, 2,203 sqft
11832 Ironwood Dr is a 4 beds, 2 baths, 2,203 sqft single family home for sale at $335,000 in Baxter MN 56425. At 20% down it rents for an estimated $2,650/mo and returns $259/mo a month at a 7.6% 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
- $2,650/mo
- Monthly cash flow
- $259/mo
- Cap rate
- 7.6%
- Cash-on-cash
- 4.6%
- Max offer
- $312,500
Offer ≤ $312,500 (7% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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