For saleSingle family
$328,000
6553 Excelsior Rd
Baxter MN 56425
4 beds, 2 baths, 2,240 sqft
6553 Excelsior Rd is a 4 beds, 2 baths, 2,240 sqft single family home for sale at $328,000 in Baxter MN 56425. At 20% down it rents for an estimated $2,650/mo and returns $308/mo a month at a 7.8% 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
- $308/mo
- Cap rate
- 7.8%
- Cash-on-cash
- 5.6%
- Max offer
- $312,500
Offer ≤ $312,500 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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