For saleSingle family
$215,000
3436 Colfax Ave N
Minneapolis MN 55412
3 beds, 1.5 baths, 1,355 sqft
3436 Colfax Ave N is a 3 beds, 1.5 baths, 1,355 sqft single family home for sale at $215,000 in Minneapolis MN 55412. At 20% down it rents for an estimated $1,850/mo and returns $342/mo a month at a 8.4% 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
- $1,850/mo
- Monthly cash flow
- $342/mo
- Cap rate
- 8.4%
- Cash-on-cash
- 9.5%
- Max offer
- $215,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.