Greater Minnesota › Brainerd

Brainerd

Greater Minnesota city. Every 2–4 unit listing here, run through the same numbers at 20% down and 7%.

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Neighborhood profile

Listings we track
3
Median price per unit
$106K
Typical cash flow
−$297
median per month, 20% down
Rent rules
No cap
Rents can reset to market at renewal

Crime, rental-license and Census neighborhood figures are only available for St. Paul and Minneapolis so far.

Map

Top picks

Ranked on real rent estimates (nearby comparable rentals or our own research). Listings with a serious red flag are under Proceed with caution instead, however good the numbers look.

None yet with verified rents. Every listing here is ranked on rough rent estimates for now (tagged “rough” below); those are places with too few rentals nearby to compare.

Ways to slice it

Best cash flow now

Monthly cash flow at 20% down.

  1. 1020 Rosewood St serious flag $102/mo
  2. 519 S 9th St serious flag −$297/mo
  3. 1209 Quince St serious flag −$619/mo

Best long-term

Year-30 wealth vs. the same money in stocks.

  1. 1020 Rosewood St serious flag 2.88× stocks
  2. 519 S 9th St serious flag 1.14× stocks
  3. 1209 Quince St serious flag 0.61× stocks

Value-add

Under-rented, needs work, or room to negotiate.

  1. 1020 Rosewood St serious flag Long time on market: room to negotiate.
  2. 519 S 9th St serious flag Long time on market: room to negotiate.

Proceed with caution

Decent numbers, serious flags.

  1. 1020 Rosewood St No rents, lease terms or expenses given; income is unverified
  2. 519 S 9th St No rents, leases or tenant details given, so income is unverified

All listings

3 listings. Filter by price or units, or switch the down payment.

  1. 1020 Rosewood St

    $212,000 · 2 units
    Cash flows
    Cash flow $102/mo Cap 7.0% Break-even price $231K Yr 30 vs stocks 2.88× Positive in yr 1

    A refreshed 1888 Brainerd duplex that could cash flow modestly, but nothing about rents, taxes or utilities is verified yet.

    No rents, lease terms or expenses given; income is unverified

  2. 519 S 9th St

    $209,900 · 2 units
    Overpriced
    Cash flow −$297/mo Cap 4.7% Break-even price $154K Yr 30 vs stocks 1.14× Positive in yr 13

    An old, small duplex that loses money at the ask; only interesting if the price drops toward $155K and the rents check out.

    No rents, leases or tenant details given, so income is unverified

  3. 1209 Quince St

    $239,900 · 2 units
    Far off
    Cash flow −$619/mo Cap 3.3% Break-even price $124K Yr 30 vs stocks 0.61× Positive in yr 29

    At $239,900 the numbers lose about $600 a month; only worth pursuing at a much lower price with verified rents.

    No rents, lease terms or tax figures given, so income can't be verified.

Monthly cash flow

−$1,000−$500$0$500break-even1020 Rosewood St$102519 S 9th St−$2971209 Quince St−$619

What's changing

Nothing curated for this city yet.