For saleSingle family
$449,900
14434 Cottage Grove Dr
Baxter MN 56425
5 beds, 3.5 baths, 3,103 sqft
14434 Cottage Grove Dr is a 5 beds, 3.5 baths, 3,103 sqft single family home for sale at $449,900 in Baxter MN 56425. At 20% down it rents for an estimated $2,975/mo and returns -$237/mo a month at a 6.0% 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
- -$237/mo
- Cap rate
- 6.0%
- Cash-on-cash
- -3.2%
- Max offer
- $351,500
Offer ≤ $351,500 (22% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading