For saleSingle family
$499,000
12754 Knollwood Dr
Baxter MN 56425
3 beds, 2 baths, 2,193 sqft
12754 Knollwood Dr is a 3 beds, 2 baths, 2,193 sqft single family home for sale at $499,000 in Baxter MN 56425. At 20% down it rents for an estimated $2,325/mo and returns -$1,237/mo a month at a 3.7% 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
- $2,325/mo
- Monthly cash flow
- -$1,237/mo
- Cap rate
- 3.7%
- Cash-on-cash
- -14.9%
- Max offer
- $275,500
Offer ≤ $275,500 (45% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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