For saleSingle family
$535,000
Jewelwood Dr
Baxter MN 56425
3 beds, 2 baths, 1,576 sqft
Jewelwood Dr is a 3 beds, 2 baths, 1,576 sqft single family home for sale at $535,000 in Baxter MN 56425. At 20% down it rents for an estimated $2,325/mo and returns -$1,494/mo a month at a 3.3% 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
- $2,325/mo
- Monthly cash flow
- -$1,494/mo
- Cap rate
- 3.3%
- Cash-on-cash
- -16.8%
- Max offer
- $276,000
Offer ≤ $276,000 (48% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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