For saleSingle family
$184,900
5210 Colfax Ave N
Minneapolis MN 55430
3 beds, 1 bath, 937 sqft
5210 Colfax Ave N is a 3 beds, 1 bath, 937 sqft single family home for sale at $184,900 in Minneapolis MN 55430. At 20% down it rents for an estimated $1,950/mo and returns $630/mo a month at a 10.8% 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
- $1,950/mo
- Monthly cash flow
- $630/mo
- Cap rate
- 10.8%
- Cash-on-cash
- 20.4%
- Max offer
- $184,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading