6761 County Rd
Pequot Lakes, MN · View the listing ↗
Photos, via Realtor.com.
- Asking price
- $689,900 3 units · $230K per unit
- Monthly cash flow
- −$1,714 at 20% down, 7%
- Break-even price
- $367,815 where cash flow hits $0
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
- $689,900
- Cash to close
- $89,687
- Price per unit
- $229,967
- GRM
- 17.2
Each month
- Cash flow
- −$2,561/mo
- Cash-on-cash
- −34.3%
- Cap rate
- 3.4%
- DSCR
- 0.43×
Break-even
- Price that breaks even
- $298,870
- Rent that breaks even
- $6,552/mo
Long run
- Year 30: property vs stocks
- $1.58M vs $2.51M
- Cash flow turns positive
- year 29
The deal
- Price
- $689,900
- Cash to close
- $89,687
- Price per unit
- $229,967
- GRM
- 17.2
Each month
- Cash flow
- −$2,845/mo
- Cash-on-cash
- −38.1%
- Cap rate
- 2.9%
- DSCR
- 0.37×
Break-even
- Price that breaks even
- $255,603
- Rent that breaks even
- $7,326/mo
Long run
- Year 30: property vs stocks
- $1.57M vs $2.95M
- Cash flow turns positive
- not within 30 years
The deal
- Price
- $679,900
- Cash to close
- $88,387
- Price per unit
- $226,633
- GRM
- 16.9
Each month
- Cash flow
- −$2,496/mo
- Cash-on-cash
- −33.9%
- Cap rate
- 3.5%
- DSCR
- 0.44×
Break-even
- Price that breaks even
- $298,870
- Rent that breaks even
- $6,470/mo
Long run
- Year 30: property vs stocks
- $1.56M vs $2.43M
- Cash flow turns positive
- year 28
The deal
- Price
- $679,900
- Cash to close
- $88,387
- Price per unit
- $226,633
- GRM
- 16.9
Each month
- Cash flow
- −$2,779/mo
- Cash-on-cash
- −37.7%
- Cap rate
- 3.0%
- DSCR
- 0.38×
Break-even
- Price that breaks even
- $255,603
- Rent that breaks even
- $7,235/mo
Long run
- Year 30: property vs stocks
- $1.55M vs $2.87M
- Cash flow turns positive
- not within 30 years
The deal
- Price
- $689,900
- Cash to close
- $158,677
- Price per unit
- $229,967
- GRM
- 17.2
Each month
- Cash flow
- −$1,714/mo
- Cash-on-cash
- −13.0%
- Cap rate
- 3.4%
- DSCR
- 0.53×
Break-even
- Price that breaks even
- $367,815
- Rent that breaks even
- $5,493/mo
Long run
- Year 30: property vs stocks
- $1.61M vs $2.42M
- Cash flow turns positive
- year 24
The deal
- Price
- $689,900
- Cash to close
- $158,677
- Price per unit
- $229,967
- GRM
- 17.2
Each month
- Cash flow
- −$1,998/mo
- Cash-on-cash
- −15.1%
- Cap rate
- 2.9%
- DSCR
- 0.46×
Break-even
- Price that breaks even
- $314,567
- Rent that breaks even
- $6,142/mo
Long run
- Year 30: property vs stocks
- $1.57M vs $2.83M
- Cash flow turns positive
- year 30
The deal
- Price
- $679,900
- Cash to close
- $156,377
- Price per unit
- $226,633
- GRM
- 16.9
Each month
- Cash flow
- −$1,661/mo
- Cash-on-cash
- −12.7%
- Cap rate
- 3.5%
- DSCR
- 0.54×
Break-even
- Price that breaks even
- $367,815
- Rent that breaks even
- $5,426/mo
Long run
- Year 30: property vs stocks
- $1.59M vs $2.35M
- Cash flow turns positive
- year 24
The deal
- Price
- $679,900
- Cash to close
- $156,377
- Price per unit
- $226,633
- GRM
- 16.9
Each month
- Cash flow
- −$1,944/mo
- Cash-on-cash
- −14.9%
- Cap rate
- 3.0%
- DSCR
- 0.46×
Break-even
- Price that breaks even
- $314,567
- Rent that breaks even
- $6,068/mo
Long run
- Year 30: property vs stocks
- $1.55M vs $2.76M
- Cash flow turns positive
- year 30
The deal
- Price
- $689,900
- Cash to close
- $193,172
- Price per unit
- $229,967
- GRM
- 17.2
Each month
- Cash flow
- −$1,485/mo
- Cash-on-cash
- −9.2%
- Cap rate
- 3.4%
- DSCR
- 0.57×
Break-even
- Price that breaks even
- $392,336
- Rent that breaks even
- $5,206/mo
Long run
- Year 30: property vs stocks
- $1.63M vs $2.45M
- Cash flow turns positive
- year 22
The deal
- Price
- $689,900
- Cash to close
- $193,172
- Price per unit
- $229,967
- GRM
- 17.2
Each month
- Cash flow
- −$1,768/mo
- Cash-on-cash
- −11.0%
- Cap rate
- 2.9%
- DSCR
- 0.49×
Break-even
- Price that breaks even
- $335,538
- Rent that breaks even
- $5,822/mo
Long run
- Year 30: property vs stocks
- $1.58M vs $2.84M
- Cash flow turns positive
- year 28
The deal
- Price
- $679,900
- Cash to close
- $190,372
- Price per unit
- $226,633
- GRM
- 16.9
Each month
- Cash flow
- −$1,435/mo
- Cash-on-cash
- −9.0%
- Cap rate
- 3.5%
- DSCR
- 0.58×
Break-even
- Price that breaks even
- $392,336
- Rent that breaks even
- $5,144/mo
Long run
- Year 30: property vs stocks
- $1.62M vs $2.38M
- Cash flow turns positive
- year 21
The deal
- Price
- $679,900
- Cash to close
- $190,372
- Price per unit
- $226,633
- GRM
- 16.9
Each month
- Cash flow
- −$1,718/mo
- Cash-on-cash
- −10.8%
- Cap rate
- 3.0%
- DSCR
- 0.49×
Break-even
- Price that breaks even
- $335,538
- Rent that breaks even
- $5,752/mo
Long run
- Year 30: property vs stocks
- $1.56M vs $2.76M
- Cash flow turns positive
- year 27
Monthly
Monthly breakdown
| Rent | $3,350 |
| Vacancy (6%) | −$201 |
| Collected | $3,149 |
| Property tax Listing | −$130 |
| Insurance Estimate | −$277 |
| Water, sewer, trash Estimate | −$255 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (7% of rent) | −$235 |
| Capital reserve (7% of rent) | −$235 |
| Net operating income | $1,958 |
| Mortgage (principal + interest) | −$4,131 |
| PMI | −$388 |
| Cash flow | −$2,561 |
| Principal paid down (equity, not cash) | $526 |
| Rent | $3,350 |
| Vacancy (6%) | −$201 |
| Collected | $3,149 |
| Property tax Listing | −$130 |
| Insurance Estimate | −$277 |
| Water, sewer, trash Estimate | −$255 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (7% of rent) | −$235 |
| Capital reserve (7% of rent) | −$235 |
| Property management | −$283 |
| Net operating income | $1,674 |
| Mortgage (principal + interest) | −$4,131 |
| PMI | −$388 |
| Cash flow | −$2,845 |
| Principal paid down (equity, not cash) | $526 |
| Rent | $3,350 |
| Vacancy (6%) | −$201 |
| Collected | $3,149 |
| Property tax Listing | −$130 |
| Insurance Estimate | −$277 |
| Water, sewer, trash Estimate | −$255 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (7% of rent) | −$235 |
| Capital reserve (7% of rent) | −$235 |
| Net operating income | $1,958 |
| Mortgage (principal + interest) | −$4,071 |
| PMI | −$382 |
| Cash flow | −$2,496 |
| Principal paid down (equity, not cash) | $518 |
| Rent | $3,350 |
| Vacancy (6%) | −$201 |
| Collected | $3,149 |
| Property tax Listing | −$130 |
| Insurance Estimate | −$277 |
| Water, sewer, trash Estimate | −$255 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (7% of rent) | −$235 |
| Capital reserve (7% of rent) | −$235 |
| Property management | −$283 |
| Net operating income | $1,674 |
| Mortgage (principal + interest) | −$4,071 |
| PMI | −$382 |
| Cash flow | −$2,779 |
| Principal paid down (equity, not cash) | $518 |
| Rent | $3,350 |
| Vacancy (6%) | −$201 |
| Collected | $3,149 |
| Property tax Listing | −$130 |
| Insurance Estimate | −$277 |
| Water, sewer, trash Estimate | −$255 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (7% of rent) | −$235 |
| Capital reserve (7% of rent) | −$235 |
| Net operating income | $1,958 |
| Mortgage (principal + interest) | −$3,672 |
| Cash flow | −$1,714 |
| Principal paid down (equity, not cash) | $467 |
| Rent | $3,350 |
| Vacancy (6%) | −$201 |
| Collected | $3,149 |
| Property tax Listing | −$130 |
| Insurance Estimate | −$277 |
| Water, sewer, trash Estimate | −$255 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (7% of rent) | −$235 |
| Capital reserve (7% of rent) | −$235 |
| Property management | −$283 |
| Net operating income | $1,674 |
| Mortgage (principal + interest) | −$3,672 |
| Cash flow | −$1,998 |
| Principal paid down (equity, not cash) | $467 |
| Rent | $3,350 |
| Vacancy (6%) | −$201 |
| Collected | $3,149 |
| Property tax Listing | −$130 |
| Insurance Estimate | −$277 |
| Water, sewer, trash Estimate | −$255 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (7% of rent) | −$235 |
| Capital reserve (7% of rent) | −$235 |
| Net operating income | $1,958 |
| Mortgage (principal + interest) | −$3,619 |
| Cash flow | −$1,661 |
| Principal paid down (equity, not cash) | $460 |
| Rent | $3,350 |
| Vacancy (6%) | −$201 |
| Collected | $3,149 |
| Property tax Listing | −$130 |
| Insurance Estimate | −$277 |
| Water, sewer, trash Estimate | −$255 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (7% of rent) | −$235 |
| Capital reserve (7% of rent) | −$235 |
| Property management | −$283 |
| Net operating income | $1,674 |
| Mortgage (principal + interest) | −$3,619 |
| Cash flow | −$1,944 |
| Principal paid down (equity, not cash) | $460 |
| Rent | $3,350 |
| Vacancy (6%) | −$201 |
| Collected | $3,149 |
| Property tax Listing | −$130 |
| Insurance Estimate | −$277 |
| Water, sewer, trash Estimate | −$255 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (7% of rent) | −$235 |
| Capital reserve (7% of rent) | −$235 |
| Net operating income | $1,958 |
| Mortgage (principal + interest) | −$3,442 |
| Cash flow | −$1,485 |
| Principal paid down (equity, not cash) | $438 |
| Rent | $3,350 |
| Vacancy (6%) | −$201 |
| Collected | $3,149 |
| Property tax Listing | −$130 |
| Insurance Estimate | −$277 |
| Water, sewer, trash Estimate | −$255 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (7% of rent) | −$235 |
| Capital reserve (7% of rent) | −$235 |
| Property management | −$283 |
| Net operating income | $1,674 |
| Mortgage (principal + interest) | −$3,442 |
| Cash flow | −$1,768 |
| Principal paid down (equity, not cash) | $438 |
| Rent | $3,350 |
| Vacancy (6%) | −$201 |
| Collected | $3,149 |
| Property tax Listing | −$130 |
| Insurance Estimate | −$277 |
| Water, sewer, trash Estimate | −$255 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (7% of rent) | −$235 |
| Capital reserve (7% of rent) | −$235 |
| Net operating income | $1,958 |
| Mortgage (principal + interest) | −$3,393 |
| Cash flow | −$1,435 |
| Principal paid down (equity, not cash) | $432 |
| Rent | $3,350 |
| Vacancy (6%) | −$201 |
| Collected | $3,149 |
| Property tax Listing | −$130 |
| Insurance Estimate | −$277 |
| Water, sewer, trash Estimate | −$255 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (7% of rent) | −$235 |
| Capital reserve (7% of rent) | −$235 |
| Property management | −$283 |
| Net operating income | $1,674 |
| Mortgage (principal + interest) | −$3,393 |
| Cash flow | −$1,718 |
| Principal paid down (equity, not cash) | $432 |
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 | $1,674,568 |
| Minus 6% selling cost | −$100,474 |
| Minus loan still owedTenants' rent paid down all $620,910 of principal by year 30 | $0 |
| Plus rental profits, invested at 7%$4,006 of profit by year 30, before investment growth | $4,097 |
| What you'd walk away with | $1,578,191 |
| If you put the same money in stocks | |
| Cash to close ($89,687) invested at 7% | $682,720 |
| Monthly shortfalls ($427,208 total by yr 30) investedThe money you'd have put into the building while it lost money | $1,828,073 |
| What you'd walk away with | $2,510,794 |
| Building minus stocks | −$932,603 |
| Year 30 | |
|---|---|
| If you buy this building | |
| Sale priceValue grows 3% a year from the price | $1,674,568 |
| Minus 6% selling cost | −$100,474 |
| Minus loan still owedTenants' rent paid down all $620,910 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 | $1,574,094 |
| If you put the same money in stocks | |
| Cash to close ($89,687) invested at 7% | $682,720 |
| Monthly shortfalls ($585,002 total by yr 30) investedThe money you'd have put into the building while it lost money | $2,264,820 |
| What you'd walk away with | $2,947,540 |
| Building minus stocks | −$1,373,446 |
| Year 30 | |
|---|---|
| If you buy this building | |
| Sale priceValue grows 3% a year from the price | $1,650,296 |
| Minus 6% selling cost | −$99,018 |
| Minus loan still owedTenants' rent paid down all $611,910 of principal by year 30 | $0 |
| Plus rental profits, invested at 7%$6,084 of profit by year 30, before investment growth | $6,318 |
| What you'd walk away with | $1,557,596 |
| If you put the same money in stocks | |
| Cash to close ($88,387) invested at 7% | $672,824 |
| Monthly shortfalls ($407,460 total by yr 30) investedThe money you'd have put into the building while it lost money | $1,760,681 |
| What you'd walk away with | $2,433,505 |
| Building minus stocks | −$875,909 |
| Year 30 | |
|---|---|
| If you buy this building | |
| Sale priceValue grows 3% a year from the price | $1,650,296 |
| Minus 6% selling cost | −$99,018 |
| Minus loan still owedTenants' rent paid down all $611,910 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 | $1,551,278 |
| If you put the same money in stocks | |
| Cash to close ($88,387) invested at 7% | $672,824 |
| Monthly shortfalls ($563,176 total by yr 30) investedThe money you'd have put into the building while it lost money | $2,195,207 |
| What you'd walk away with | $2,868,031 |
| Building minus stocks | −$1,316,753 |
| Year 30 | |
|---|---|
| If you buy this building | |
| Sale priceValue grows 3% a year from the price | $1,674,568 |
| Minus 6% selling cost | −$100,474 |
| Minus loan still owedTenants' rent paid down all $551,920 of principal by year 30 | $0 |
| Plus rental profits, invested at 7%$29,135 of profit by year 30, before investment growth | $32,940 |
| What you'd walk away with | $1,607,034 |
| If you put the same money in stocks | |
| Cash to close ($158,677) invested at 7% | $1,207,890 |
| Monthly shortfalls ($268,473 total by yr 30) investedThe money you'd have put into the building while it lost money | $1,216,562 |
| What you'd walk away with | $2,424,452 |
| Building minus stocks | −$817,418 |
| Year 30 | |
|---|---|
| If you buy this building | |
| Sale priceValue grows 3% a year from the price | $1,674,568 |
| Minus 6% selling cost | −$100,474 |
| Minus loan still owedTenants' rent paid down all $551,920 of principal by year 30 | $0 |
| Plus rental profits, invested at 7%$203 of profit by year 30, before investment growth | $203 |
| What you'd walk away with | $1,574,297 |
| If you put the same money in stocks | |
| Cash to close ($158,677) invested at 7% | $1,207,890 |
| Monthly shortfalls ($401,341 total by yr 30) investedThe money you'd have put into the building while it lost money | $1,624,669 |
| What you'd walk away with | $2,832,558 |
| Building minus stocks | −$1,258,261 |
| Year 30 | |
|---|---|
| If you buy this building | |
| Sale priceValue grows 3% a year from the price | $1,650,296 |
| Minus 6% selling cost | −$99,018 |
| Minus loan still owedTenants' rent paid down all $543,920 of principal by year 30 | $0 |
| Plus rental profits, invested at 7%$33,606 of profit by year 30, before investment growth | $38,467 |
| What you'd walk away with | $1,589,745 |
| If you put the same money in stocks | |
| Cash to close ($156,377) invested at 7% | $1,190,382 |
| Monthly shortfalls ($253,783 total by yr 30) investedThe money you'd have put into the building while it lost money | $1,161,758 |
| What you'd walk away with | $2,352,140 |
| Building minus stocks | −$762,395 |
| Year 30 | |
|---|---|
| If you buy this building | |
| Sale priceValue grows 3% a year from the price | $1,650,296 |
| Minus 6% selling cost | −$99,018 |
| Minus loan still owedTenants' rent paid down all $543,920 of principal by year 30 | $0 |
| Plus rental profits, invested at 7%$842 of profit by year 30, before investment growth | $842 |
| What you'd walk away with | $1,552,120 |
| If you put the same money in stocks | |
| Cash to close ($156,377) invested at 7% | $1,190,382 |
| Monthly shortfalls ($382,819 total by yr 30) investedThe money you'd have put into the building while it lost money | $1,564,976 |
| What you'd walk away with | $2,755,358 |
| Building minus stocks | −$1,203,238 |
| Year 30 | |
|---|---|
| If you buy this building | |
| Sale priceValue grows 3% a year from the price | $1,674,568 |
| Minus 6% selling cost | −$100,474 |
| Minus loan still owedTenants' rent paid down all $517,425 of principal by year 30 | $0 |
| Plus rental profits, invested at 7%$50,916 of profit by year 30, before investment growth | $60,867 |
| What you'd walk away with | $1,634,962 |
| If you put the same money in stocks | |
| Cash to close ($193,172) invested at 7% | $1,470,475 |
| Monthly shortfalls ($207,635 total by yr 30) investedThe money you'd have put into the building while it lost money | $984,349 |
| What you'd walk away with | $2,454,823 |
| Building minus stocks | −$819,861 |
| Year 30 | |
|---|---|
| If you buy this building | |
| Sale priceValue grows 3% a year from the price | $1,674,568 |
| Minus 6% selling cost | −$100,474 |
| Minus loan still owedTenants' rent paid down all $517,425 of principal by year 30 | $0 |
| Plus rental profits, invested at 7%$5,364 of profit by year 30, before investment growth | $5,579 |
| What you'd walk away with | $1,579,674 |
| If you put the same money in stocks | |
| Cash to close ($193,172) invested at 7% | $1,470,475 |
| Monthly shortfalls ($323,883 total by yr 30) investedThe money you'd have put into the building while it lost money | $1,369,905 |
| What you'd walk away with | $2,840,379 |
| Building minus stocks | −$1,260,705 |
| Year 30 | |
|---|---|
| If you buy this building | |
| Sale priceValue grows 3% a year from the price | $1,650,296 |
| Minus 6% selling cost | −$99,018 |
| Minus loan still owedTenants' rent paid down all $509,925 of principal by year 30 | $0 |
| Plus rental profits, invested at 7%$56,432 of profit by year 30, before investment growth | $68,272 |
| What you'd walk away with | $1,619,550 |
| If you put the same money in stocks | |
| Cash to close ($190,372) invested at 7% | $1,449,160 |
| Monthly shortfalls ($195,188 total by yr 30) investedThe money you'd have put into the building while it lost money | $935,193 |
| What you'd walk away with | $2,384,353 |
| Building minus stocks | −$764,803 |
| Year 30 | |
|---|---|
| If you buy this building | |
| Sale priceValue grows 3% a year from the price | $1,650,296 |
| Minus 6% selling cost | −$99,018 |
| Minus loan still owedTenants' rent paid down all $509,925 of principal by year 30 | $0 |
| Plus rental profits, invested at 7%$7,270 of profit by year 30, before investment growth | $7,639 |
| What you'd walk away with | $1,558,917 |
| If you put the same money in stocks | |
| Cash to close ($190,372) invested at 7% | $1,449,160 |
| Monthly shortfalls ($307,826 total by yr 30) investedThe money you'd have put into the building while it lost money | $1,315,403 |
| What you'd walk away with | $2,764,563 |
| Building minus stocks | −$1,205,646 |
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
Year 30 (loan paid off): property $1.58M, stocks $2.51M. Stocks win.
Year 30 (loan paid off): property $1.57M, stocks $2.95M. Stocks win.
Year 30 (loan paid off): property $1.56M, stocks $2.43M. Stocks win.
Year 30 (loan paid off): property $1.55M, stocks $2.87M. Stocks win.
Year 30 (loan paid off): property $1.61M, stocks $2.42M. Stocks win.
Year 30 (loan paid off): property $1.57M, stocks $2.83M. Stocks win.
Year 30 (loan paid off): property $1.59M, stocks $2.35M. Stocks win.
Year 30 (loan paid off): property $1.55M, stocks $2.76M. Stocks win.
Year 30 (loan paid off): property $1.63M, stocks $2.45M. Stocks win.
Year 30 (loan paid off): property $1.58M, stocks $2.84M. Stocks win.
Year 30 (loan paid off): property $1.62M, stocks $2.38M. Stocks win.
Year 30 (loan paid off): property $1.56M, stocks $2.76M. Stocks win.
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.
2 bed estimate $1,300/mo · range $1,000–$1,550 · 9 rentals in Crow Wing County
| Address | Rent | Bd / Ba | Distance |
|---|---|---|---|
| 100 4th St, Ironton | $1,275 | 2 / 1 | 18.3 mi |
| 12383 State Highway 210, Brainerd | $675 | 2 / 1 | 19.3 mi |
| 1509 Norwood St, Brainerd | $895 | 2 / 1 | 21.0 mi |
| 916 S 8th St, Brainerd | $1,060 | 2 / 1 | 21.3 mi |
| 922 Broadway St, Brainerd | $995 | 2 / 1 | 21.3 mi |
| 623 28th St SE, Brainerd | $1,550 | 2 / 2 | 21.3 mi |
| 2100 Breilly Ct Unit 2219, Brainerd | $1,449 | 2 / 1 | 21.4 mi |
| 941 28th St SE, Brainerd | $1,550 | 2 / 2 | 21.4 mi |
| Buffalo Hills Ln E, Brainerd | $1,250 | 2 / 2 | 22.4 mi |
1 bed estimate $1,025/mo · range $875–$1,300 · 357 rentals across Greater Minnesota
| Address | Rent | Bd / Ba | Distance |
|---|---|---|---|
| 616 1/2 Front St, Brainerd | $625 | 1 / 1 | 20.7 mi |
| 214 S 8th St, Brainerd | $620 | 1 / 1 | 20.7 mi |
| 207 Cedar St NE, Remer | $742 | 1 / 1 | 32.4 mi |
| 101 SW Thompson St, Verndale | $890 | 1 / 1 | 40.0 mi |
| 222 1st Ave NE Apt 5, Eagle Bend | $895 | 1 / 1 | 49.9 mi |
| 2199 SW 8th St # 403, Grand Rapids | $1,250 | 1 / 1 | 51.4 mi |
| 2199 SW 8th St # 232, Grand Rapids | $1,475 | 1 / 1 | 51.4 mi |
| 2199 SW 8th St # 105, Grand Rapids | $1,325 | 1 / 1 | 51.4 mi |
| 2199 SW 8th St # 121, Grand Rapids | $1,425 | 1 / 1 | 51.4 mi |
| 2199 SW 8th St # 206, Grand Rapids | $1,375 | 1 / 1 | 51.4 mi |
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 6761 COUNTY RD
- mediumAsking is $322,085 above the price where cash flow breaks even ($367,815) at the default scenario. Based on: Derived: price $689,900 vs. break-even $367,815
Opportunities
- Long time on market: room to negotiate. Based on: Listing data: 95 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 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. | $1,564 |
| Insurance / yr Estimateestimate. from units, square feet and age; get a quote | $3,324 |
| Water, sewer, trash / mo Estimateestimate. $85/unit/mo, owner-paid | $255 |
| 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
- New at $689,900
From the listing Listing
| Listed as | triplex |
| Property tax, 2026 | $1,564 |
| County | Crow Wing |
| Parcel number | 68290610 |
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 Pequot Lakes on rental licensing before you buy.