For saleSingle family

$267,900

12863 Kingwood Dr

Baxter MN 56425

3 beds, 1 bath, 1,288 sqft

12863 Kingwood Dr is a 3 beds, 1 bath, 1,288 sqft single family home for sale at $267,900 in Baxter MN 56425. At 20% down it rents for an estimated $2,325/mo and returns $413/mo a month at a 8.5% 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
$413/mo
Cap rate
8.5%
Cash-on-cash
9.2%
Max offer
$267,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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