For saleSingle family
$304,900
5913 Colfax Ave N
Brooklyn Center MN 55430
4 beds, 2 baths, 1,760 sqft
5913 Colfax Ave N is a 4 beds, 2 baths, 1,760 sqft single family home for sale at $304,900 in Brooklyn Center MN 55430. At 20% down it rents for an estimated $2,475/mo and returns $298/mo a month at a 7.8% 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
- $2,475/mo
- Monthly cash flow
- $298/mo
- Cap rate
- 7.8%
- Cash-on-cash
- 5.9%
- Max offer
- $292,000
Offer ≤ $292,000 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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