For saleSingle family
$419,990
13910 Cherrywood Dr
Baxter MN 56425
5 beds, 2 baths, 2,640 sqft
13910 Cherrywood Dr is a 5 beds, 2 baths, 2,640 sqft single family home for sale at $419,990 in Baxter MN 56425. At 20% down it rents for an estimated $2,975/mo and returns -$23/mo a month at a 6.6% 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
- -$23/mo
- Cap rate
- 6.6%
- Cash-on-cash
- -0.3%
- Max offer
- $351,500
Offer ≤ $351,500 (16% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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