For saleSingle family
$269,900
5648 Fairview Rd
Baxter MN 56425
3 beds, 1.5 baths, 2,200 sqft
5648 Fairview Rd is a 3 beds, 1.5 baths, 2,200 sqft single family home for sale at $269,900 in Baxter MN 56425. At 20% down it rents for an estimated $2,325/mo and returns $398/mo a month at a 8.4% 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
- $2,325/mo
- Monthly cash flow
- $398/mo
- Cap rate
- 8.4%
- Cash-on-cash
- 8.9%
- Max offer
- $269,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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