For saleSingle family
$349,900
7172 Laredo Rd
Baxter MN 56425
5 beds, 2 baths, 2,024 sqft
7172 Laredo Rd is a 5 beds, 2 baths, 2,024 sqft single family home for sale at $349,900 in Baxter MN 56425. At 20% down it rents for an estimated $2,975/mo and returns $477/mo a month at a 8.3% 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
- $477/mo
- Cap rate
- 8.3%
- Cash-on-cash
- 8.2%
- Max offer
- $349,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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