For saleTownhouse
$315,000
14030 Firewood Dr
Baxter MN 56425
2 beds, 2 baths, 1,713 sqft
14030 Firewood Dr is a 2 beds, 2 baths, 1,713 sqft townhouse home for sale at $315,000 in Baxter MN 56425. At 20% down it rents for an estimated $1,450/mo and returns -$914/mo a month at a 3.2% 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
- $1,450/mo
- Monthly cash flow
- -$914/mo
- Cap rate
- 3.2%
- Cash-on-cash
- -17.4%
- Max offer
- $149,500
Offer ≤ $149,500 (53% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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