For saleCondo
$339,018
7084 Glory Rd Unit 312
Baxter MN 56425
2 beds, 2 baths, 1,305 sqft
7084 Glory Rd Unit 312 is a 2 beds, 2 baths, 1,305 sqft condo home for sale at $339,018 in Baxter MN 56425. At 20% down it rents for an estimated $1,450/mo and returns -$1,179/mo a month at a 2.5% 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
- -$1,179/mo
- Cap rate
- 2.5%
- Cash-on-cash
- -20.9%
- Max offer
- $136,500
Offer ≤ $136,500 (60% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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