For saleSingle family
$285,000
13773 Glenwood Dr
Baxter MN 56425
3 beds, 2 baths, 1,713 sqft
13773 Glenwood Dr is a 3 beds, 2 baths, 1,713 sqft single family home for sale at $285,000 in Baxter MN 56425. At 20% down it rents for an estimated $2,325/mo and returns $290/mo a month at a 7.9% 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
- $290/mo
- Cap rate
- 7.9%
- Cash-on-cash
- 6.1%
- Max offer
- $274,500
Offer ≤ $274,500 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading