For saleSingle family
$264,900
5688 Fairview Rd
Baxter MN 56425
4 beds, 3 baths, 2,004 sqft
5688 Fairview Rd is a 4 beds, 3 baths, 2,004 sqft single family home for sale at $264,900 in Baxter MN 56425. At 20% down it rents for an estimated $2,650/mo and returns $759/mo a month at a 10.1% 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
- $2,650/mo
- Monthly cash flow
- $759/mo
- Cap rate
- 10.1%
- Cash-on-cash
- 17.2%
- Max offer
- $264,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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