For saleSingle family
$318,725
6172 Oakdale Rd
Baxter MN 56425
2 beds, 1 bath, 960 sqft
6172 Oakdale Rd is a 2 beds, 1 bath, 960 sqft single family home for sale at $318,725 in Baxter MN 56425. At 20% down it rents for an estimated $1,450/mo and returns -$825/mo a month at a 3.6% 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
- -$825/mo
- Cap rate
- 3.6%
- Cash-on-cash
- -15.5%
- Max offer
- $172,000
Offer ≤ $172,000 (46% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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