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 $2,400/mo and returns $262/mo a month at a 7.5% 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
$2,400/mo
Monthly cash flow
$262/mo
Cap rate
7.5%
Cash-on-cash
5.1%
Max offer
$287,500

Offer ≤ $287,500 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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