305 Jackson Ave N

Cash flows

21 photos

Photos courtesy of Chestnut Realty Inc - Broker, via Realtor.com.

Asking price: $464,900
Monthly cash flow: $34
Estimated rent: $4,650/mo
Break-even price: $471,359

Adjust the numbers See the full breakdown

From the listing

Updated Side-by-Side Duplex with Private Yards & Garages Beautifully updated side-by-side duplex featuring spacious 3-bedroom units, each with its own private entrance, yard, deck, and attached garage. Both units offer separate utilities, providing added convenience and reduced operating costs. The thoughtfully designed floor plans include generous living spaces, making this property ideal for owner-occupants or investors. Located in a highly desirable area, the property is just minutes from shopping, parks, scenic trails, Meadowbrook Golf Course, and the dining, entertainment, and amenities of Downtown Hopkins. This prime location offers easy access to everything residents need while maintaining a comfortable neighborhood setting.

Listing courtesy of Chestnut Realty Inc - Broker (Chad Haasken). Description from Realtor.com, MLS #7147801. Believed reliable but not guaranteed; confirm with the listing agent. View on Realtor.com ↗

The numbers

Edit rents, costs and assumptions

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

The deal

Price: $464,900
Cash to close: $106,927
Price per unit: $232,450
GRM: 8.3

Each month

Cash flow: $34/mo
Cash-on-cash: 0.4%
Cap rate: 6.5%
DSCR: 1.01×

Break-even

Price that breaks even: $471,359
Rent that breaks even: $4,607/mo

Long run

Year 30: property vs stocks: $2.05M vs $814K
Cash flow turns positive: year 1

Monthly

Monthly breakdown

Rent	$4,650
Vacancy (6%)	−$279
Collected	$4,371
Property tax Listing	−$762
Insurance Estimate	−$219
Water, sewer, trash Estimate	−$170
Lawn care ($120 × 6 mo ÷ 12)	−$60
Repairs (7% of rent)	−$326
Capital reserve (7% of rent)	−$326
Net operating income	$2,509
Mortgage (principal + interest)	−$2,474
Cash flow	$34
Principal paid down (equity, not cash)	$315

Cash flow each year

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

30 years

How those totals add up

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$1,128,434
Minus 6% selling cost	−$67,706
Minus loan still owedTenants' rent paid down all $418,410 of principal by year 30	$0
Plus rental profits, invested at 7%$379,438 of profit by year 30, before investment growth	$689,670
What you'd walk away with	$1,750,398
If you put the same money in stocks
Cash to close ($60,437) invested at 7%	$460,062
Monthly shortfalls ($20,676 total by yr 30) investedThe money you'd have put into the building while it lost money	$135,133
What you'd walk away with	$595,195
Building minus stocks	$1,155,203

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$1,128,434
Minus 6% selling cost	−$67,706
Minus loan still owedTenants' rent paid down all $418,410 of principal by year 30	$0
Plus rental profits, invested at 7%$193,911 of profit by year 30, before investment growth	$297,959
What you'd walk away with	$1,358,688
If you put the same money in stocks
Cash to close ($60,437) invested at 7%	$460,062
Monthly shortfalls ($59,737 total by yr 30) investedThe money you'd have put into the building while it lost money	$355,340
What you'd walk away with	$815,402
Building minus stocks	$543,286

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$1,104,162
Minus 6% selling cost	−$66,250
Minus loan still owedTenants' rent paid down all $409,410 of principal by year 30	$0
Plus rental profits, invested at 7%$398,120 of profit by year 30, before investment growth	$739,016
What you'd walk away with	$1,776,928
If you put the same money in stocks
Cash to close ($59,137) invested at 7%	$450,166
Monthly shortfalls ($17,531 total by yr 30) investedThe money you'd have put into the building while it lost money	$114,866
What you'd walk away with	$565,032
Building minus stocks	$1,211,896

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$1,104,162
Minus 6% selling cost	−$66,250
Minus loan still owedTenants' rent paid down all $409,410 of principal by year 30	$0
Plus rental profits, invested at 7%$208,023 of profit by year 30, before investment growth	$326,480
What you'd walk away with	$1,364,392
If you put the same money in stocks
Cash to close ($59,137) invested at 7%	$450,166
Monthly shortfalls ($52,023 total by yr 30) investedThe money you'd have put into the building while it lost money	$314,248
What you'd walk away with	$764,414
Building minus stocks	$599,978

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$1,128,434
Minus 6% selling cost	−$67,706
Minus loan still owedTenants' rent paid down all $371,920 of principal by year 30	$0
Plus rental profits, invested at 7%$482,662 of profit by year 30, before investment growth	$986,049
What you'd walk away with	$2,046,778
If you put the same money in stocks
Cash to close ($106,927) invested at 7%	$813,956
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	$813,956
Building minus stocks	$1,232,822

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$1,128,434
Minus 6% selling cost	−$67,706
Minus loan still owedTenants' rent paid down all $371,920 of principal by year 30	$0
Plus rental profits, invested at 7%$273,221 of profit by year 30, before investment growth	$470,907
What you'd walk away with	$1,531,635
If you put the same money in stocks
Cash to close ($106,927) invested at 7%	$813,956
Monthly shortfalls ($15,147 total by yr 30) investedThe money you'd have put into the building while it lost money	$96,775
What you'd walk away with	$910,731
Building minus stocks	$620,904

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$1,104,162
Minus 6% selling cost	−$66,250
Minus loan still owedTenants' rent paid down all $363,920 of principal by year 30	$0
Plus rental profits, invested at 7%$501,823 of profit by year 30, before investment growth	$1,046,380
What you'd walk away with	$2,084,292
If you put the same money in stocks
Cash to close ($104,627) invested at 7%	$796,447
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	$796,447
Building minus stocks	$1,287,845

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$1,104,162
Minus 6% selling cost	−$66,250
Minus loan still owedTenants' rent paid down all $363,920 of principal by year 30	$0
Plus rental profits, invested at 7%$288,549 of profit by year 30, before investment growth	$508,064
What you'd walk away with	$1,545,976
If you put the same money in stocks
Cash to close ($104,627) invested at 7%	$796,447
Monthly shortfalls ($11,314 total by yr 30) investedThe money you'd have put into the building while it lost money	$73,601
What you'd walk away with	$870,048
Building minus stocks	$675,928

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$1,128,434
Minus 6% selling cost	−$67,706
Minus loan still owedTenants' rent paid down all $348,675 of principal by year 30	$0
Plus rental profits, invested at 7%$538,336 of profit by year 30, before investment growth	$1,161,349
What you'd walk away with	$2,222,077
If you put the same money in stocks
Cash to close ($130,172) invested at 7%	$990,902
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	$990,902
Building minus stocks	$1,231,175

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$1,128,434
Minus 6% selling cost	−$67,706
Minus loan still owedTenants' rent paid down all $348,675 of principal by year 30	$0
Plus rental profits, invested at 7%$319,351 of profit by year 30, before investment growth	$587,090
What you'd walk away with	$1,647,819
If you put the same money in stocks
Cash to close ($130,172) invested at 7%	$990,902
Monthly shortfalls ($5,603 total by yr 30) investedThe money you'd have put into the building while it lost money	$37,659
What you'd walk away with	$1,028,561
Building minus stocks	$619,258

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$1,104,162
Minus 6% selling cost	−$66,250
Minus loan still owedTenants' rent paid down all $341,175 of principal by year 30	$0
Plus rental profits, invested at 7%$556,299 of profit by year 30, before investment growth	$1,217,910
What you'd walk away with	$2,255,822
If you put the same money in stocks
Cash to close ($127,372) invested at 7%	$969,588
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	$969,588
Building minus stocks	$1,286,234

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$1,104,162
Minus 6% selling cost	−$66,250
Minus loan still owedTenants' rent paid down all $341,175 of principal by year 30	$0
Plus rental profits, invested at 7%$335,187 of profit by year 30, before investment growth	$629,767
What you'd walk away with	$1,667,679
If you put the same money in stocks
Cash to close ($127,372) invested at 7%	$969,588
Monthly shortfalls ($3,476 total by yr 30) investedThe money you'd have put into the building while it lost money	$23,775
What you'd walk away with	$993,363
Building minus stocks	$674,316

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.

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

This propertyStocks at 7%

Year 30 (loan paid off): property $2.05M, stocks $814K. The property wins.

Comparable rentals

The closest rental listings with each unit's bedroom count, as of 2026-10-04. The estimate is the median asking rent of every rental we found nearby (the count is shown for each); houses are left out. Asking rents from Realtor.com rental listings, not signed leases.

3 bed estimate $2,325/mo · range $1,825–$2,425 · 8 rentals within 1.5 mi

Address	Rent	Bd / Ba	Sq ft	Distance	Listed	Type
601 N Van Buren Trl, Hopkins	$2,404	3 / 2.5	1,376	0.2 mi	2024-04-12	Apartment
101 Blake Rd N, Hopkins	$1,765	3 / 2	1,250	0.5 mi	2026-05-27	Apartment
238 8th Ave N, Hopkins	$2,400	3 / 1	1,434	0.8 mi	2026-08-21	Duplex triplex
7450 Highway 7, Saint Louis Park	$3,250	3 / 2	1,750	1.1 mi	2026-09-29	Apartment
8300 31st St W Unit 112, Saint Louis Park	$1,799	3 / 2	873	1.3 mi	—	Apartment
8300 31st St W, Saint Louis Park	$1,799	3 / 2	873	1.3 mi	2026-02-03	Apartment
5180 Lincoln Dr, Edina	$2,195	3 / 2	2,000	1.3 mi	2025-04-10	Apartment
7400 Oak Park Village Dr, Saint Louis Park	$2,405	3 / 2.5	1,514	1.4 mi	2025-01-03	Apartment

On the maps, this property and comparable rentals. Comparable rentals and rent estimate: Realtor.com rental listings. Rents are asking rents from listings; check them against the actual leases.

Red flags and opportunities

Watch for

mediumCouldn't match this address to a county parcel record, so taxes and unit count are unverified. Public record: County parcels: no match for 305 JACKSON AVE N

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 Listinglisting, tax year 2026. The tax the listing states. If the seller lives there it may be at the lower homestead rate; an investor owner pays the non-homestead rate, often 20–40% more on the owner's unit.	$9,142
Insurance / yr Estimateestimate. from units, square feet and age; get a quote	$2,633
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. "fully updated" in the description: -1 pts each	7% / 7%

Status history

2026-09-22Price cut at $464,900 (was $489,900) · from listing history
2026-09-22New at $464,900

From the listing Listing

Listed as	duplex side x side
Property tax, 2026	$9,142
County	Hennepin
Parcel number	1911721240069

As the listing states it (NorthstarMLS, via Realtor.com). We don't have county records here yet; check the tax, homestead status and special assessments with the county.

Crime, rental-license and vacant-building records are only available for St. Paul and Minneapolis so far. Check with Hopkins on rental licensing before you buy.