Minneapolis › Whittier

2501 Blaisdell Ave

Minneapolis, MN · Whittier · Find the listing ↗

Far off

Asking price: $425,900
Monthly cash flow: −$1,800
Estimated rent: $1,950/mo
Break-even price: $87,675

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

4 bed / 2 bath (est.)$1,950 $1,650–$2,250

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: $425,900
Monthly cash flow: −$1,800
Cash to close: $97,957
Cap rate: 1.3%
Cash-on-cash: −22.1%
DSCR: 0.21×
GRM: 18.2
Price per unit: $425,900
Price that breaks even: $87,675
Rent that breaks even: $4,288/mo
Cash flow turns positive: not within 30 years
Year 30: property vs stocks: $972K vs $2.68M

Monthly breakdown

Rent	$1,950
Vacancy (6%)	−$117
Collected	$1,833
Property tax Public record	−$731
Insurance Estimate	−$159
Water, sewer, trash Estimate	−$85
Lawn care ($120 × 6 mo ÷ 12)	−$60
Repairs (8% of rent)	−$156
Capital reserve (9% of rent)	−$176
Net operating income	$467
Mortgage (principal + interest)	−$2,267
Cash flow	−$1,800
Principal paid down (equity, not cash)	$288

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 $972K, stocks $2.68M. Stocks win.

How those totals add up

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$1,033,771
Minus 6% selling cost	−$62,026
Minus loan still owedTenants' rent paid down all $383,310 of principal by year 30	$0
Plus rental profits, invested at 7%$0 of profit by year 30, before investment growth	$0
What you'd walk away with	$971,745
If you put the same money in stocks
Cash to close ($55,367) invested at 7%	$421,468
Monthly shortfalls ($713,412 total by yr 30) investedThe money you'd have put into the building while it lost money	$2,334,256
What you'd walk away with	$2,755,723
Building minus stocks	−$1,783,978

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$1,033,771
Minus 6% selling cost	−$62,026
Minus loan still owedTenants' rent paid down all $383,310 of principal by year 30	$0
Plus rental profits, invested at 7%$0 of profit by year 30, before investment growth	$0
What you'd walk away with	$971,745
If you put the same money in stocks
Cash to close ($55,367) invested at 7%	$421,468
Monthly shortfalls ($807,594 total by yr 30) investedThe money you'd have put into the building while it lost money	$2,590,866
What you'd walk away with	$3,012,334
Building minus stocks	−$2,040,589

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$1,009,498
Minus 6% selling cost	−$60,570
Minus loan still owedTenants' rent paid down all $374,310 of principal by year 30	$0
Plus rental profits, invested at 7%$0 of profit by year 30, before investment growth	$0
What you'd walk away with	$948,929
If you put the same money in stocks
Cash to close ($54,067) invested at 7%	$411,572
Monthly shortfalls ($691,586 total by yr 30) investedThe money you'd have put into the building while it lost money	$2,264,642
What you'd walk away with	$2,676,214
Building minus stocks	−$1,727,285

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$1,009,498
Minus 6% selling cost	−$60,570
Minus loan still owedTenants' rent paid down all $374,310 of principal by year 30	$0
Plus rental profits, invested at 7%$0 of profit by year 30, before investment growth	$0
What you'd walk away with	$948,929
If you put the same money in stocks
Cash to close ($54,067) invested at 7%	$411,572
Monthly shortfalls ($785,768 total by yr 30) investedThe money you'd have put into the building while it lost money	$2,521,253
What you'd walk away with	$2,932,825
Building minus stocks	−$1,983,896

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$1,033,771
Minus 6% selling cost	−$62,026
Minus loan still owedTenants' rent paid down all $340,720 of principal by year 30	$0
Plus rental profits, invested at 7%$0 of profit by year 30, before investment growth	$0
What you'd walk away with	$971,745
If you put the same money in stocks
Cash to close ($97,957) invested at 7%	$745,674
Monthly shortfalls ($599,906 total by yr 30) investedThe money you'd have put into the building while it lost money	$1,938,942
What you'd walk away with	$2,684,616
Building minus stocks	−$1,712,871

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$1,033,771
Minus 6% selling cost	−$62,026
Minus loan still owedTenants' rent paid down all $340,720 of principal by year 30	$0
Plus rental profits, invested at 7%$0 of profit by year 30, before investment growth	$0
What you'd walk away with	$971,745
If you put the same money in stocks
Cash to close ($97,957) invested at 7%	$745,674
Monthly shortfalls ($694,088 total by yr 30) investedThe money you'd have put into the building while it lost money	$2,195,552
What you'd walk away with	$2,941,226
Building minus stocks	−$1,969,481

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$1,009,498
Minus 6% selling cost	−$60,570
Minus loan still owedTenants' rent paid down all $332,720 of principal by year 30	$0
Plus rental profits, invested at 7%$0 of profit by year 30, before investment growth	$0
What you'd walk away with	$948,929
If you put the same money in stocks
Cash to close ($95,657) invested at 7%	$728,165
Monthly shortfalls ($580,745 total by yr 30) investedThe money you'd have put into the building while it lost money	$1,878,611
What you'd walk away with	$2,606,776
Building minus stocks	−$1,657,847

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$1,009,498
Minus 6% selling cost	−$60,570
Minus loan still owedTenants' rent paid down all $332,720 of principal by year 30	$0
Plus rental profits, invested at 7%$0 of profit by year 30, before investment growth	$0
What you'd walk away with	$948,929
If you put the same money in stocks
Cash to close ($95,657) invested at 7%	$728,165
Monthly shortfalls ($674,927 total by yr 30) investedThe money you'd have put into the building while it lost money	$2,135,221
What you'd walk away with	$2,863,387
Building minus stocks	−$1,914,458

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$1,033,771
Minus 6% selling cost	−$62,026
Minus loan still owedTenants' rent paid down all $319,425 of principal by year 30	$0
Plus rental profits, invested at 7%$0 of profit by year 30, before investment growth	$0
What you'd walk away with	$971,745
If you put the same money in stocks
Cash to close ($119,252) invested at 7%	$907,777
Monthly shortfalls ($548,902 total by yr 30) investedThe money you'd have put into the building while it lost money	$1,778,348
What you'd walk away with	$2,686,124
Building minus stocks	−$1,714,379

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$1,033,771
Minus 6% selling cost	−$62,026
Minus loan still owedTenants' rent paid down all $319,425 of principal by year 30	$0
Plus rental profits, invested at 7%$0 of profit by year 30, before investment growth	$0
What you'd walk away with	$971,745
If you put the same money in stocks
Cash to close ($119,252) invested at 7%	$907,777
Monthly shortfalls ($643,085 total by yr 30) investedThe money you'd have put into the building while it lost money	$2,034,958
What you'd walk away with	$2,942,735
Building minus stocks	−$1,970,990

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$1,009,498
Minus 6% selling cost	−$60,570
Minus loan still owedTenants' rent paid down all $311,925 of principal by year 30	$0
Plus rental profits, invested at 7%$0 of profit by year 30, before investment growth	$0
What you'd walk away with	$948,929
If you put the same money in stocks
Cash to close ($116,452) invested at 7%	$886,462
Monthly shortfalls ($530,939 total by yr 30) investedThe money you'd have put into the building while it lost money	$1,721,787
What you'd walk away with	$2,608,250
Building minus stocks	−$1,659,321

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$1,009,498
Minus 6% selling cost	−$60,570
Minus loan still owedTenants' rent paid down all $311,925 of principal by year 30	$0
Plus rental profits, invested at 7%$0 of profit by year 30, before investment growth	$0
What you'd walk away with	$948,929
If you put the same money in stocks
Cash to close ($116,452) invested at 7%	$886,462
Monthly shortfalls ($625,121 total by yr 30) investedThe money you'd have put into the building while it lost money	$1,978,398
What you'd walk away with	$2,864,860
Building minus stocks	−$1,915,931

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

mediumAsking is $338,225 above the price where cash flow breaks even ($87,675) at the default scenario. Based on: Derived: price $425,900 vs. break-even $87,675

Opportunities

Long time on market: room to negotiate. Based on: Listing data: 178 days on market

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)	$8,773
Insurance / yr Estimateestimate. from units, square feet and age; get a quote	$1,905
Water, sewer, trash / mo Estimateestimate. $85/unit/mo, owner-paid	$85
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 1905: +1 pt capital reserve	8% / 9%

County record Public record

Recorded as	com use w dt model
Living units	1
Year built	1905
Market value (2026)	$425,200
Property tax	$8,773
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

I 35W, about 680 m away.

Crime in Whittier

1,136 incidents in the last 12 months (76 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

2026-04-07New at $425,900