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Minneapolis › Lind - Bohanon

4653 Bryant Ave N

Minneapolis, MN · Lind - Bohanon · Listing office ↗ · Find the listing ↗

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Asking price
$250,000
2 units · $125K per unit
Monthly cash flow
−$124
at 20% down, 7%
Estimated rent
$2,700/mo
rough estimate
Break-even price
$226,758
where cash flow hits $0

Adjust these numbers in the calculator See the full breakdown

The numbers

Down payment %
Offer
Management
Interest rate %

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

  • 2 bed / 1 bath (est.)$1,350 $1,150–$1,550
  • 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
$250,000
Monthly cash flow
−$124
Cash to close
$57,500
Cap rate
5.8%
Cash-on-cash
−2.6%
DSCR
0.91×
GRM
7.7
Price per unit
$125,000
Price that breaks even
$226,758
Rent that breaks even
$2,861/mo
Cash flow turns positive
year 5
Year 30: property vs stocks
$883K vs $462K

Monthly breakdown

Rent$2,700
Vacancy (6%)−$162
Collected$2,538
Property tax Estimate−$438
Insurance Estimate−$205
Water, sewer, trash Estimate−$170
Lawn care ($120 × 6 mo ÷ 12)−$60
Repairs (8% of rent)−$216
Capital reserve (9% of rent)−$243
Net operating income$1,207
Mortgage (principal + interest)−$1,331
Cash flow−$124
Principal paid down (equity, not cash)$169

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 $883K, stocks $462K. The property wins.

How those totals add up

Year 30
If you buy this building
Sale priceValue grows 3% a year from the price$606,816
Minus 6% selling cost−$36,409
Minus loan still owedTenants' rent paid down all $200,000 of principal by year 30$0
Plus rental profits, invested at 7%$171,258 of profit by year 30, before investment growth$312,838
What you'd walk away with$883,245
If you put the same money in stocks
Cash to close ($57,500) invested at 7%$437,705
Monthly shortfalls ($3,606 total by yr 30) investedThe money you'd have put into the building while it lost money$24,099
What you'd walk away with$461,803
Building minus stocks$421,442

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 Estimateestimate. No tax record found; 2.1% of price.$5,250
Insurance / yr Estimateestimate. from units, square feet and age; get a quote$2,455
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 reserve8% / 9%

County record Public record

Recorded asduplex
Living units2
Year built1900
Market value (2026)$231,900
Property tax$3,229
Special assessmentsnone
Homesteadno
Last sale2023-10-01 · $236,000

Source: Hennepin County parcel records.

City rental license

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

Nearest highway

I 94, about 531 m away.

Crime in Lind - Bohanon

203 incidents in the last 12 months (39 per 1,000 residents), +10% vs. the year before. Minneapolis police incidents, all reported offenses (definitions differ from St. Paul's, so don't compare across cities).

Status history