For saleSingle family
$450,000
12590 Second St
Baxter MN 56425
3 beds, 2 baths, 1,580 sqft
12590 Second St is a 3 beds, 2 baths, 1,580 sqft single family home for sale at $450,000 in Baxter MN 56425. At 20% down it rents for an estimated $2,325/mo and returns -$887/mo a month at a 4.3% 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
- -$887/mo
- Cap rate
- 4.3%
- Cash-on-cash
- -11.8%
- Max offer
- $275,500
Offer ≤ $275,500 (39% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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