For saleSingle family
$696,800
Red Sequia Dr
Baxter MN 56425
3 beds, 2 baths, 1,941 sqft
Red Sequia Dr is a 3 beds, 2 baths, 1,941 sqft single family home for sale at $696,800 in Baxter MN 56425. At 20% down it rents for an estimated $2,325/mo and returns -$2,649/mo a month at a 2.1% 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
- $2,325/mo
- Monthly cash flow
- -$2,649/mo
- Cap rate
- 2.1%
- Cash-on-cash
- -22.8%
- Max offer
- $277,000
Offer ≤ $277,000 (60% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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