921 27th Ave SE

Minneapolis, MN · Como · Listing office ↗ · Find the listing ↗

Asking price: $259,900
Monthly cash flow: −$197
Estimated rent: $2,700/mo
Break-even price: $222,883

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

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: $259,900
Monthly cash flow: −$197
Cash to close: $59,777
Cap rate: 5.5%
Cash-on-cash: −4.0%
DSCR: 0.86×
GRM: 8.0
Price per unit: $129,950
Price that breaks even: $222,883
Rent that breaks even: $2,956/mo
Cash flow turns positive: year 7
Year 30: property vs stocks: $842K vs $509K

Monthly breakdown

Rent	$2,700
Vacancy (6%)	−$162
Collected	$2,538
Property tax Estimate	−$455
Insurance Estimate	−$208
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	$1,186
Mortgage (principal + interest)	−$1,383
Cash flow	−$197
Principal paid down (equity, not cash)	$176

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 $842K, stocks $509K. The property wins.

How those totals add up

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$630,846
Minus 6% selling cost	−$37,851
Minus loan still owedTenants' rent paid down all $233,910 of principal by year 30	$0
Plus rental profits, invested at 7%$100,335 of profit by year 30, before investment growth	$153,401
What you'd walk away with	$746,396
If you put the same money in stocks
Cash to close ($33,787) invested at 7%	$257,195
Monthly shortfalls ($33,694 total by yr 30) investedThe money you'd have put into the building while it lost money	$199,606
What you'd walk away with	$456,801
Building minus stocks	$289,595

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$630,846
Minus 6% selling cost	−$37,851
Minus loan still owedTenants' rent paid down all $233,910 of principal by year 30	$0
Plus rental profits, invested at 7%$22,984 of profit by year 30, before investment growth	$27,949
What you'd walk away with	$620,944
If you put the same money in stocks
Cash to close ($33,787) invested at 7%	$257,195
Monthly shortfalls ($86,750 total by yr 30) investedThe money you'd have put into the building while it lost money	$429,461
What you'd walk away with	$686,656
Building minus stocks	−$65,712

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$606,573
Minus 6% selling cost	−$36,394
Minus loan still owedTenants' rent paid down all $224,910 of principal by year 30	$0
Plus rental profits, invested at 7%$114,448 of profit by year 30, before investment growth	$181,925
What you'd walk away with	$752,104
If you put the same money in stocks
Cash to close ($32,487) invested at 7%	$247,299
Monthly shortfalls ($25,981 total by yr 30) investedThe money you'd have put into the building while it lost money	$158,517
What you'd walk away with	$405,816
Building minus stocks	$346,288

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$606,573
Minus 6% selling cost	−$36,394
Minus loan still owedTenants' rent paid down all $224,910 of principal by year 30	$0
Plus rental profits, invested at 7%$30,559 of profit by year 30, before investment growth	$38,642
What you'd walk away with	$608,820
If you put the same money in stocks
Cash to close ($32,487) invested at 7%	$247,299
Monthly shortfalls ($72,498 total by yr 30) investedThe money you'd have put into the building while it lost money	$370,541
What you'd walk away with	$617,840
Building minus stocks	−$9,020

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$630,846
Minus 6% selling cost	−$37,851
Minus loan still owedTenants' rent paid down all $207,920 of principal by year 30	$0
Plus rental profits, invested at 7%$144,300 of profit by year 30, before investment growth	$248,588
What you'd walk away with	$841,583
If you put the same money in stocks
Cash to close ($59,777) invested at 7%	$455,038
Monthly shortfalls ($8,393 total by yr 30) investedThe money you'd have put into the building while it lost money	$53,558
What you'd walk away with	$508,595
Building minus stocks	$332,988

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$630,846
Minus 6% selling cost	−$37,851
Minus loan still owedTenants' rent paid down all $207,920 of principal by year 30	$0
Plus rental profits, invested at 7%$48,177 of profit by year 30, before investment growth	$66,024
What you'd walk away with	$659,019
If you put the same money in stocks
Cash to close ($59,777) invested at 7%	$455,038
Monthly shortfalls ($42,677 total by yr 30) investedThe money you'd have put into the building while it lost money	$226,301
What you'd walk away with	$681,338
Building minus stocks	−$22,319

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$606,573
Minus 6% selling cost	−$36,394
Minus loan still owedTenants' rent paid down all $199,920 of principal by year 30	$0
Plus rental profits, invested at 7%$159,866 of profit by year 30, before investment growth	$286,949
What you'd walk away with	$857,127
If you put the same money in stocks
Cash to close ($57,477) invested at 7%	$437,530
Monthly shortfalls ($4,799 total by yr 30) investedThe money you'd have put into the building while it lost money	$31,587
What you'd walk away with	$469,117
Building minus stocks	$388,010

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$606,573
Minus 6% selling cost	−$36,394
Minus loan still owedTenants' rent paid down all $199,920 of principal by year 30	$0
Plus rental profits, invested at 7%$58,046 of profit by year 30, before investment growth	$82,870
What you'd walk away with	$653,048
If you put the same money in stocks
Cash to close ($57,477) invested at 7%	$437,530
Monthly shortfalls ($33,385 total by yr 30) investedThe money you'd have put into the building while it lost money	$182,815
What you'd walk away with	$620,345
Building minus stocks	$32,703

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$630,846
Minus 6% selling cost	−$37,851
Minus loan still owedTenants' rent paid down all $194,925 of principal by year 30	$0
Plus rental profits, invested at 7%$170,059 of profit by year 30, before investment growth	$313,387
What you'd walk away with	$906,382
If you put the same money in stocks
Cash to close ($72,772) invested at 7%	$553,959
Monthly shortfalls ($3,029 total by yr 30) investedThe money you'd have put into the building while it lost money	$20,357
What you'd walk away with	$574,316
Building minus stocks	$332,066

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$630,846
Minus 6% selling cost	−$37,851
Minus loan still owedTenants' rent paid down all $194,925 of principal by year 30	$0
Plus rental profits, invested at 7%$64,722 of profit by year 30, before investment growth	$94,863
What you'd walk away with	$687,858
If you put the same money in stocks
Cash to close ($72,772) invested at 7%	$553,959
Monthly shortfalls ($28,098 total by yr 30) investedThe money you'd have put into the building while it lost money	$157,139
What you'd walk away with	$711,098
Building minus stocks	−$23,240

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$606,573
Minus 6% selling cost	−$36,394
Minus loan still owedTenants' rent paid down all $187,425 of principal by year 30	$0
Plus rental profits, invested at 7%$186,076 of profit by year 30, before investment growth	$357,128
What you'd walk away with	$927,306
If you put the same money in stocks
Cash to close ($69,972) invested at 7%	$532,645
Monthly shortfalls ($1,083 total by yr 30) investedThe money you'd have put into the building while it lost money	$7,536
What you'd walk away with	$540,181
Building minus stocks	$387,125

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$606,573
Minus 6% selling cost	−$36,394
Minus loan still owedTenants' rent paid down all $187,425 of principal by year 30	$0
Plus rental profits, invested at 7%$75,548 of profit by year 30, before investment growth	$115,403
What you'd walk away with	$685,582
If you put the same money in stocks
Cash to close ($69,972) invested at 7%	$532,645
Monthly shortfalls ($20,961 total by yr 30) investedThe money you'd have put into the building while it lost money	$121,119
What you'd walk away with	$653,763
Building minus stocks	$31,819

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 921 27TH AVE S E

Opportunities

The seller bought for $78,000 in Jan 1990, so they can take a lower offer and still come out well ahead. Public record: Hennepin County parcel 1902923130030: last sale 1990-01-01, $78,000

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.	$5,458
Insurance / yr Estimateestimate. from units, square feet and age; get a quote	$2,495
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 1910: +1 pt capital reserve	8% / 9%

County record Public record

Recorded as	duplex
Living units	2
Year built	1910
Market value (2026)	$304,600
Property tax	$4,447
Special assessments	none
Homestead	no
Last sale	1990-01-01 · $78,000

Source: Hennepin County parcel records.

City rental license

No record in Minneapolis Active Rental Licenses.

Nearest highway

MN 280, about 908 m away.

Crime in Como

413 incidents in the last 12 months (61 per 1,000 residents), +33% vs. the year before. Minneapolis police incidents, all reported offenses (definitions differ from St. Paul's, so don't compare across cities).

Status history

2026-07-11New at $259,900