For saleSingle family
$340,000
6458 Clearwater Rd
Baxter MN 56425
4 beds, 1 bath, 1,972 sqft
6458 Clearwater Rd is a 4 beds, 1 bath, 1,972 sqft single family home for sale at $340,000 in Baxter MN 56425. At 20% down it rents for an estimated $2,650/mo and returns $223/mo a month at a 7.5% 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
- $223/mo
- Cap rate
- 7.5%
- Cash-on-cash
- 3.9%
- Max offer
- $312,500
Offer ≤ $312,500 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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