For saleSingle family
$775,000
14390 Shoreview Dr
Baxter MN 56425
5 beds, 2.5 baths, 3,006 sqft
14390 Shoreview Dr is a 5 beds, 2.5 baths, 3,006 sqft single family home for sale at $775,000 in Baxter MN 56425. At 20% down it rents for an estimated $2,975/mo and returns -$2,558/mo a month at a 2.7% 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
- -$2,558/mo
- Cap rate
- 2.7%
- Cash-on-cash
- -19.8%
- Max offer
- $353,500
Offer ≤ $353,500 (54% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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