For saleSingle family
$799,900
14750 Ninebark Dr
Baxter MN 56425
5 beds, 2.5 baths, 2,819 sqft
14750 Ninebark Dr is a 5 beds, 2.5 baths, 2,819 sqft single family home for sale at $799,900 in Baxter MN 56425. At 20% down it rents for an estimated $2,975/mo and returns -$2,735/mo a month at a 2.6% 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
- $2,975/mo
- Monthly cash flow
- -$2,735/mo
- Cap rate
- 2.6%
- Cash-on-cash
- -20.5%
- Max offer
- $354,000
Offer ≤ $354,000 (56% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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