2742 Taylor St NE

Minneapolis, MN · Audubon Park · Find the listing ↗

Overpriced

Asking price: $375,000
Monthly cash flow: −$782
Estimated rent: $3,000/mo
Break-even price: $228,009

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 / 1 bath (est.)$1,650 $1,400–$1,900
2 bed / 1 bath (est.)$1,350 $1,150–$1,550

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: $375,000
Monthly cash flow: −$782
Cash to close: $86,250
Cap rate: 3.9%
Cash-on-cash: −10.9%
DSCR: 0.61×
GRM: 10.4
Price per unit: $187,500
Price that breaks even: $228,009
Rent that breaks even: $4,016/mo
Cash flow turns positive: year 22
Year 30: property vs stocks: $889K vs $1.17M

Monthly breakdown

Rent	$3,000
Vacancy (6%)	−$180
Collected	$2,820
Property tax Estimate	−$656
Insurance Estimate	−$210
Water, sewer, trash Estimate	−$170
Lawn care ($120 × 6 mo ÷ 12)	−$60
Repairs (8% of rent)	−$240
Capital reserve (9% of rent)	−$270
Net operating income	$1,214
Mortgage (principal + interest)	−$1,996
Cash flow	−$782
Principal paid down (equity, not cash)	$254

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 $889K, stocks $1.17M. Stocks win.

How those totals add up

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$910,223
Minus 6% selling cost	−$54,613
Minus loan still owedTenants' rent paid down all $337,500 of principal by year 30	$0
Plus rental profits, invested at 7%$6,676 of profit by year 30, before investment growth	$7,155
What you'd walk away with	$862,765
If you put the same money in stocks
Cash to close ($48,750) invested at 7%	$371,097
Monthly shortfalls ($185,568 total by yr 30) investedThe money you'd have put into the building while it lost money	$830,927
What you'd walk away with	$1,202,024
Building minus stocks	−$339,259

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$910,223
Minus 6% selling cost	−$54,613
Minus loan still owedTenants' rent paid down all $337,500 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	$855,610
If you put the same money in stocks
Cash to close ($48,750) invested at 7%	$371,097
Monthly shortfalls ($323,788 total by yr 30) investedThe money you'd have put into the building while it lost money	$1,218,557
What you'd walk away with	$1,589,655
Building minus stocks	−$734,045

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$885,951
Minus 6% selling cost	−$53,157
Minus loan still owedTenants' rent paid down all $328,500 of principal by year 30	$0
Plus rental profits, invested at 7%$10,349 of profit by year 30, before investment growth	$11,400
What you'd walk away with	$844,193
If you put the same money in stocks
Cash to close ($47,450) invested at 7%	$361,202
Monthly shortfalls ($167,415 total by yr 30) investedThe money you'd have put into the building while it lost money	$765,558
What you'd walk away with	$1,126,760
Building minus stocks	−$282,567

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$885,951
Minus 6% selling cost	−$53,157
Minus loan still owedTenants' rent paid down all $328,500 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	$832,794
If you put the same money in stocks
Cash to close ($47,450) invested at 7%	$361,202
Monthly shortfalls ($301,962 total by yr 30) investedThe money you'd have put into the building while it lost money	$1,148,944
What you'd walk away with	$1,510,146
Building minus stocks	−$677,352

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$910,223
Minus 6% selling cost	−$54,613
Minus loan still owedTenants' rent paid down all $300,000 of principal by year 30	$0
Plus rental profits, invested at 7%$27,370 of profit by year 30, before investment growth	$32,962
What you'd walk away with	$888,572
If you put the same money in stocks
Cash to close ($86,250) invested at 7%	$656,557
Monthly shortfalls ($106,321 total by yr 30) investedThe money you'd have put into the building while it lost money	$508,665
What you'd walk away with	$1,165,222
Building minus stocks	−$276,650

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$910,223
Minus 6% selling cost	−$54,613
Minus loan still owedTenants' rent paid down all $300,000 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	$855,610
If you put the same money in stocks
Cash to close ($86,250) invested at 7%	$656,557
Monthly shortfalls ($223,847 total by yr 30) investedThe money you'd have put into the building while it lost money	$870,488
What you'd walk away with	$1,527,045
Building minus stocks	−$671,435

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$885,951
Minus 6% selling cost	−$53,157
Minus loan still owedTenants' rent paid down all $292,000 of principal by year 30	$0
Plus rental profits, invested at 7%$33,691 of profit by year 30, before investment growth	$41,666
What you'd walk away with	$874,460
If you put the same money in stocks
Cash to close ($83,950) invested at 7%	$639,049
Monthly shortfalls ($93,482 total by yr 30) investedThe money you'd have put into the building while it lost money	$457,037
What you'd walk away with	$1,096,086
Building minus stocks	−$221,626

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$885,951
Minus 6% selling cost	−$53,157
Minus loan still owedTenants' rent paid down all $292,000 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	$832,794
If you put the same money in stocks
Cash to close ($83,950) invested at 7%	$639,049
Monthly shortfalls ($204,686 total by yr 30) investedThe money you'd have put into the building while it lost money	$810,157
What you'd walk away with	$1,449,206
Building minus stocks	−$616,412

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$910,223
Minus 6% selling cost	−$54,613
Minus loan still owedTenants' rent paid down all $281,250 of principal by year 30	$0
Plus rental profits, invested at 7%$43,430 of profit by year 30, before investment growth	$55,839
What you'd walk away with	$911,449
If you put the same money in stocks
Cash to close ($105,000) invested at 7%	$799,287
Monthly shortfalls ($77,473 total by yr 30) investedThe money you'd have put into the building while it lost money	$390,141
What you'd walk away with	$1,189,427
Building minus stocks	−$277,978

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$910,223
Minus 6% selling cost	−$54,613
Minus loan still owedTenants' rent paid down all $281,250 of principal by year 30	$0
Plus rental profits, invested at 7%$12 of profit by year 30, before investment growth	$12
What you'd walk away with	$855,622
If you put the same money in stocks
Cash to close ($105,000) invested at 7%	$799,287
Monthly shortfalls ($178,951 total by yr 30) investedThe money you'd have put into the building while it lost money	$729,099
What you'd walk away with	$1,528,386
Building minus stocks	−$672,764

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$885,951
Minus 6% selling cost	−$53,157
Minus loan still owedTenants' rent paid down all $273,750 of principal by year 30	$0
Plus rental profits, invested at 7%$50,964 of profit by year 30, before investment growth	$67,335
What you'd walk away with	$900,129
If you put the same money in stocks
Cash to close ($102,200) invested at 7%	$777,972
Monthly shortfalls ($67,044 total by yr 30) investedThe money you'd have put into the building while it lost money	$345,076
What you'd walk away with	$1,123,049
Building minus stocks	−$222,920

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$885,951
Minus 6% selling cost	−$53,157
Minus loan still owedTenants' rent paid down all $273,750 of principal by year 30	$0
Plus rental profits, invested at 7%$734 of profit by year 30, before investment growth	$743
What you'd walk away with	$833,537
If you put the same money in stocks
Cash to close ($102,200) invested at 7%	$777,972
Monthly shortfalls ($161,710 total by yr 30) investedThe money you'd have put into the building while it lost money	$673,269
What you'd walk away with	$1,451,242
Building minus stocks	−$617,705

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

mediumNo rental license on file in the city's data. Ask whether the building is licensed as a rental and when it was last inspected. Public record: Minneapolis Active Rental Licenses: no record for 2742 TAYLOR ST N E
mediumBought for $230,000 in Oct 2025; asking is 63% more 12 months later. Ask what was done to justify the jump. Public record: Hennepin County parcel 1202924220120: last sale 2025-10-01, $230,000
mediumAsking is $146,991 above the price where cash flow breaks even ($228,009) at the default scenario. Based on: Derived: price $375,000 vs. break-even $228,009

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 Estimateestimate. No tax record found; 2.1% of price.	$7,875
Insurance / yr Estimateestimate. from units, square feet and age; get a quote	$2,522
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 1900: +1 pt capital reserve	8% / 9%

County record Public record

Recorded as	duplex
Living units	2
Year built	1900
Market value (2026)	$416,200
Property tax	$6,315
Special assessments	none
Homestead	no
Last sale	2025-10-01 · $230,000

Source: Hennepin County parcel records.

City rental license

No record in Minneapolis Active Rental Licenses.

Nearest highway

I 35W, about 1911 m away.

Crime in Audubon Park

161 incidents in the last 12 months (30 per 1,000 residents), +17% vs. the year before. Minneapolis police incidents, all reported offenses (definitions differ from St. Paul's, so don't compare across cities).

Status history

2026-09-17New at $375,000