2200 N 6th St

Minneapolis, MN · Hawthorne · Find the listing ↗

Cash flows

Asking price: $335,000
Monthly cash flow: $141
Estimated rent: $3,300/mo
Break-even price: $361,440

Adjust these numbers in the calculator See the full breakdown

The numbers

Default: 20% down (no PMI), offer at asking, self-managed, 7.00% for 30 years, buyer pays closing costs (3%).

Estimated rent per unit Estimate

3 bed / 2 bath (est.)$1,650 $1,400–$1,900
3 bed / 2 bath (est.)$1,650 $1,400–$1,900

Rough screening estimate from bedroom count only ($750 + $300 per bedroom, ±15%). Not comparable-rental data; a RentCast estimate replaces it for the top candidates. Confidence: low.

Rent rules: No rent cap.

Price: $335,000
Monthly cash flow: $141
Cash to close: $77,050
Cap rate: 6.9%
Cash-on-cash: 2.2%
DSCR: 1.08×
GRM: 8.5
Price per unit: $167,500
Price that breaks even: $361,440
Rent that breaks even: $3,117/mo
Cash flow turns positive: year 1
Year 30: property vs stocks: $1.68M vs $587K

Monthly breakdown

Rent	$3,300
Vacancy (6%)	−$198
Collected	$3,102
Property tax Public record	−$161
Insurance Estimate	−$226
Water, sewer, trash Estimate	−$170
Lawn care ($120 × 6 mo ÷ 12)	−$60
Repairs (8% of rent)	−$264
Capital reserve (9% of rent)	−$297
Net operating income	$1,924
Mortgage (principal + interest)	−$1,783
Cash flow	$141
Principal paid down (equity, not cash)	$227

Cash flow each year

Rents +3%/yr, costs +3.5%/yr. Red bars are months you'd cover out of pocket.

30 years: this property vs. the same money in stocks

This propertyStocks at 7%

Year 30 (loan paid off): property $1.68M, stocks $587K. The property wins.

How those totals add up

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$813,133
Minus 6% selling cost	−$48,788
Minus loan still owedTenants' rent paid down all $301,500 of principal by year 30	$0
Plus rental profits, invested at 7%$346,108 of profit by year 30, before investment growth	$662,847
What you'd walk away with	$1,427,192
If you put the same money in stocks
Cash to close ($43,550) invested at 7%	$331,514
Monthly shortfalls ($8,981 total by yr 30) investedThe money you'd have put into the building while it lost money	$59,361
What you'd walk away with	$390,875
Building minus stocks	$1,036,317

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$813,133
Minus 6% selling cost	−$48,788
Minus loan still owedTenants' rent paid down all $301,500 of principal by year 30	$0
Plus rental profits, invested at 7%$205,045 of profit by year 30, before investment growth	$340,938
What you'd walk away with	$1,105,283
If you put the same money in stocks
Cash to close ($43,550) invested at 7%	$331,514
Monthly shortfalls ($27,303 total by yr 30) investedThe money you'd have put into the building while it lost money	$171,716
What you'd walk away with	$503,230
Building minus stocks	$602,053

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$788,860
Minus 6% selling cost	−$47,332
Minus loan still owedTenants' rent paid down all $292,500 of principal by year 30	$0
Plus rental profits, invested at 7%$364,790 of profit by year 30, before investment growth	$712,193
What you'd walk away with	$1,453,721
If you put the same money in stocks
Cash to close ($42,250) invested at 7%	$321,618
Monthly shortfalls ($5,837 total by yr 30) investedThe money you'd have put into the building while it lost money	$39,094
What you'd walk away with	$360,712
Building minus stocks	$1,093,009

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$788,860
Minus 6% selling cost	−$47,332
Minus loan still owedTenants' rent paid down all $292,500 of principal by year 30	$0
Plus rental profits, invested at 7%$221,457 of profit by year 30, before investment growth	$378,830
What you'd walk away with	$1,120,358
If you put the same money in stocks
Cash to close ($42,250) invested at 7%	$321,618
Monthly shortfalls ($21,890 total by yr 30) investedThe money you'd have put into the building while it lost money	$139,995
What you'd walk away with	$461,613
Building minus stocks	$658,745

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$813,133
Minus 6% selling cost	−$48,788
Minus loan still owedTenants' rent paid down all $268,000 of principal by year 30	$0
Plus rental profits, invested at 7%$426,407 of profit by year 30, before investment growth	$914,427
What you'd walk away with	$1,678,772
If you put the same money in stocks
Cash to close ($77,050) invested at 7%	$586,524
Monthly shortfalls ($0 total by yr 30) investedThe money you'd have put into the building while it lost money	$0
What you'd walk away with	$586,524
Building minus stocks	$1,092,248

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$813,133
Minus 6% selling cost	−$48,788
Minus loan still owedTenants' rent paid down all $268,000 of principal by year 30	$0
Plus rental profits, invested at 7%$270,326 of profit by year 30, before investment growth	$502,671
What you'd walk away with	$1,267,016
If you put the same money in stocks
Cash to close ($77,050) invested at 7%	$586,524
Monthly shortfalls ($3,304 total by yr 30) investedThe money you'd have put into the building while it lost money	$22,508
What you'd walk away with	$609,032
Building minus stocks	$657,984

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$788,860
Minus 6% selling cost	−$47,332
Minus loan still owedTenants' rent paid down all $260,000 of principal by year 30	$0
Plus rental profits, invested at 7%$445,568 of profit by year 30, before investment growth	$974,758
What you'd walk away with	$1,716,287
If you put the same money in stocks
Cash to close ($74,750) invested at 7%	$569,016
Monthly shortfalls ($0 total by yr 30) investedThe money you'd have put into the building while it lost money	$0
What you'd walk away with	$569,016
Building minus stocks	$1,147,271

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$788,860
Minus 6% selling cost	−$47,332
Minus loan still owedTenants' rent paid down all $260,000 of principal by year 30	$0
Plus rental profits, invested at 7%$287,673 of profit by year 30, before investment growth	$550,881
What you'd walk away with	$1,292,410
If you put the same money in stocks
Cash to close ($74,750) invested at 7%	$569,016
Monthly shortfalls ($1,491 total by yr 30) investedThe money you'd have put into the building while it lost money	$10,386
What you'd walk away with	$579,403
Building minus stocks	$713,007

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$813,133
Minus 6% selling cost	−$48,788
Minus loan still owedTenants' rent paid down all $251,250 of principal by year 30	$0
Plus rental profits, invested at 7%$466,525 of profit by year 30, before investment growth	$1,040,746
What you'd walk away with	$1,805,091
If you put the same money in stocks
Cash to close ($93,800) invested at 7%	$714,030
Monthly shortfalls ($0 total by yr 30) investedThe money you'd have put into the building while it lost money	$0
What you'd walk away with	$714,030
Building minus stocks	$1,091,061

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$813,133
Minus 6% selling cost	−$48,788
Minus loan still owedTenants' rent paid down all $251,250 of principal by year 30	$0
Plus rental profits, invested at 7%$307,464 of profit by year 30, before investment growth	$608,788
What you'd walk away with	$1,373,133
If you put the same money in stocks
Cash to close ($93,800) invested at 7%	$714,030
Monthly shortfalls ($324 total by yr 30) investedThe money you'd have put into the building while it lost money	$2,307
What you'd walk away with	$716,336
Building minus stocks	$656,797

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$788,860
Minus 6% selling cost	−$47,332
Minus loan still owedTenants' rent paid down all $243,750 of principal by year 30	$0
Plus rental profits, invested at 7%$484,488 of profit by year 30, before investment growth	$1,097,306
What you'd walk away with	$1,838,835
If you put the same money in stocks
Cash to close ($91,000) invested at 7%	$692,715
Monthly shortfalls ($0 total by yr 30) investedThe money you'd have put into the building while it lost money	$0
What you'd walk away with	$692,715
Building minus stocks	$1,146,120

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$788,860
Minus 6% selling cost	−$47,332
Minus loan still owedTenants' rent paid down all $243,750 of principal by year 30	$0
Plus rental profits, invested at 7%$325,103 of profit by year 30, before investment growth	$663,042
What you'd walk away with	$1,404,571
If you put the same money in stocks
Cash to close ($91,000) invested at 7%	$692,715
Monthly shortfalls ($0 total by yr 30) investedThe money you'd have put into the building while it lost money	$0
What you'd walk away with	$692,715
Building minus stocks	$711,856

Future dollars. At 3% inflation, divide year-30 figures by about 2.4 for today's buying power. Rental profits are assumed invested, not spent.

Red flags and opportunities

Watch for

No red flags in the available data. That isn't the same as none.

Opportunities

None found.

Questions for the agent

Can we see the current leases and a rent roll, with move-in dates?
What did water/sewer/trash, heat and electric cost the owner over the last 12 months?
How old are the roof, boiler or furnaces, water heaters and electrical panels?
Is the building licensed as a rental for this many units, and when was the last city inspection?
Any special assessments pending, and will the seller pay them off at closing?

Standard questions worth asking about any building.

What the records say

Where each number comes from

Property tax / yr Public recordHennepin County record, current payable year (non-homestead)	$1,937
Insurance / yr Estimateestimate. from units, square feet and age; get a quote	$2,710
Water, sewer, trash / mo Estimateestimate. $85/unit/mo, owner-paid	$170
Heat / mo Assumptionassumption. tenants pay heat; confirm with the agent	$0
Lawn care / mo Assumptionassumption. $120/mo for 6 months, spread over 12; no snow removal	$60
Repairs / capital reserve Rulerule. built 1903: +1 pt capital reserve	8% / 9%

County record Public record

Recorded as	duplex
Living units	2
Year built	1903
Market value (2026)	$300,800
Property tax	$1,937
Special assessments	none
Homestead	no
Last sale	—

Source: Hennepin County parcel records.

City rental license

CHOWNEXMPT: 2 unit(s), Tier 1, status active, renews 2027-03-01.

Nearest highway

None, about 245 m away.

Crime in Hawthorne

446 incidents in the last 12 months (79 per 1,000 residents), −1% vs. the year before. Minneapolis police incidents, all reported offenses (definitions differ from St. Paul's, so don't compare across cities).

Status history

2026-09-15New at $335,000