Carlton
Greater Minnesota city. Every 2–4 unit listing here, run through the same numbers at 20% down and 7%.
Neighborhood profile
- Listings we track
- 1
- Median price per unit
- $238K
- Typical cash flow
- −$630 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
Value-add
Under-rented, needs work, or room to negotiate.
- 206 3rd St serious flag Long time on market: room to negotiate.
Proceed with caution
Decent numbers, serious flags.
- 206 3rd St Commercial leases carry different risk: longer vacancy, tenant improvements, and often lease terms the listing doesn't state.
All listings
1 listings. Filter by price or units, or switch the down payment.
-
Overpriced
206 3rd St
$475,000 · 2 unitsCash flow −$630/mo Cap 4.8% Break-even price $357K Yr 30 vs stocks 1.24× Positive in yr 12Six units with commercial space could be interesting, but with no rents given and our model at -$630/mo at ask, it needs a real rent roll before it's worth pursuing.
Commercial leases carry different risk: longer vacancy, tenant improvements, and often lease terms the listing doesn't state. Financing may also be commercial.
Monthly cash flow
What's changing
Nothing curated for this city yet.