For saleSingle family
$379,900
4914 Cedar Scenic Rd
Baxter MN 56425
5 beds, 3 baths, 2,716 sqft
4914 Cedar Scenic Rd is a 5 beds, 3 baths, 2,716 sqft single family home for sale at $379,900 in Baxter MN 56425. At 20% down it rents for an estimated $2,975/mo and returns $263/mo a month at a 7.5% 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
- $2,975/mo
- Monthly cash flow
- $263/mo
- Cap rate
- 7.5%
- Cash-on-cash
- 4.2%
- Max offer
- $351,000
Offer ≤ $351,000 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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