For saleSingle family
$604,900
11775 Forestview Dr
Baxter MN 56425
3 beds, 2 baths, 1,880 sqft
11775 Forestview Dr is a 3 beds, 2 baths, 1,880 sqft single family home for sale at $604,900 in Baxter MN 56425. At 20% down it rents for an estimated $2,325/mo and returns -$1,993/mo a month at a 2.7% 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
- -$1,993/mo
- Cap rate
- 2.7%
- Cash-on-cash
- -19.8%
- Max offer
- $276,500
Offer ≤ $276,500 (54% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading