For saleTownhouse
$419,900
8191 Hinckley Ct
Baxter MN 56425
4 beds, 3 baths, 2,044 sqft
8191 Hinckley Ct is a 4 beds, 3 baths, 2,044 sqft townhouse home for sale at $419,900 in Baxter MN 56425. At 20% down it rents for an estimated $2,650/mo and returns -$465/mo a month at a 5.3% 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
- $2,650/mo
- Monthly cash flow
- -$465/mo
- Cap rate
- 5.3%
- Cash-on-cash
- -6.6%
- Max offer
- $292,500
Offer ≤ $292,500 (30% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading