For saleTownhouse
$343,400
5646 Rush Lake Ct
Baxter MN 56425
3 beds, 3 baths, 1,305 sqft
5646 Rush Lake Ct is a 3 beds, 3 baths, 1,305 sqft townhouse home for sale at $343,400 in Baxter MN 56425. At 20% down it rents for an estimated $1,775/mo and returns -$1,065/mo a month at a 2.9% 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
- $1,775/mo
- Monthly cash flow
- -$1,065/mo
- Cap rate
- 2.9%
- Cash-on-cash
- -18.6%
- Max offer
- $154,500
Offer ≤ $154,500 (55% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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