1020 Rosewood St
Duplex · 2 units: 2 bed / 1 bath ×2 unit split estimated · 1,834 sq ft
Brainerd, MN · View the listing ↗
Photos, via Realtor.com.
- Asking price
- $212,000 2 units · $106K per unit
- Monthly cash flow
- $102 at 20% down, 7%
- Estimated rent
- $2,300/mo medium confidence
- Break-even price
- $231,092 where cash flow hits $0
First look
This is a 1888 Brainerd duplex with two 2-bed units, asking $212K after 109 days on market. Our model shows about $102/month cash flow and a 7.0% cap rate at the ask with 20% down, and it uses our rent estimates ($1,150 per unit), not real rents. The listing gives no rents, lease terms, taxes or expenses, and we couldn't match a county parcel, so the numbers are soft until you get a rent roll and the actual tax bill. Interiors look refreshed but cosmetic, and the photos skip the basement, mechanicals and electrical panel. It's worth a showing if the seller can document rents and the tax bill, and the long market time gives you room to negotiate.
Things to consider
- Income is unverified The cash flow figure rests on our $1,150 rent estimates, not actual rents. If real rents run lower, the $102/month disappears quickly.
- Taxes and unit count unconfirmed No county parcel match means the tax figure is a guess and the legal unit count is unchecked. Taxes are a big swing factor on a $212K duplex.
- Shared laundry and utility setup A shared laundry room can mean one unit's tenant walks through the other's space, or that the owner pays for laundry utilities. It affects privacy, wear and expenses.Listing says: “a new washer and dryer in the shared main level laundry room”
- Systems age is unknown An 1888 house may have old wiring, plumbing and heat. The cosmetic updates don't tell you what is behind the walls, so budget for an inspection.
- Negotiating room 109 days on market suggests the price may be soft, especially if rents come in below estimates.
From the photos
Based on 10 of the listing photos. Photos can hide as much as they show; an inspection is the real answer.
Condition and repairs
- doneNewer roofListing says: Updates include a newer roof, updated flooring, and a new washer and dryer
- doneUpdated flooringListing says: Updates include a newer roof, updated flooring, and a new washer and dryer
- doneNew washer and dryer in shared laundryListing says: a new washer and dryer in the shared main level laundry room
AI-assisted first read of the listing description and photos (Claude), checked against public records. Every rent and repair above quotes the listing; verify with the agent, leases and an inspection.
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
- $212,000
- Cash to close
- $27,560
- Price per unit
- $106,000
- GRM
- 7.7
Each month
- Cash flow
- −$159/mo
- Cash-on-cash
- −6.9%
- Cap rate
- 7.0%
- DSCR
- 0.89×
Break-even
- Price that breaks even
- $187,775
- Rent that breaks even
- $2,506/mo
Long run
- Year 30: property vs stocks
- $905K vs $244K
- Cash flow turns positive
- year 5
The deal
- Price
- $212,000
- Cash to close
- $27,560
- Price per unit
- $106,000
- GRM
- 7.7
Each month
- Cash flow
- −$353/mo
- Cash-on-cash
- −15.4%
- Cap rate
- 5.9%
- DSCR
- 0.75×
Break-even
- Price that breaks even
- $158,070
- Rent that breaks even
- $2,815/mo
Long run
- Year 30: property vs stocks
- $682K vs $323K
- Cash flow turns positive
- year 9
The deal
- Price
- $202,000
- Cash to close
- $26,260
- Price per unit
- $101,000
- GRM
- 7.3
Each month
- Cash flow
- −$93/mo
- Cash-on-cash
- −4.3%
- Cap rate
- 7.3%
- DSCR
- 0.93×
Break-even
- Price that breaks even
- $187,775
- Rent that breaks even
- $2,421/mo
Long run
- Year 30: property vs stocks
- $933K vs $214K
- Cash flow turns positive
- year 4
The deal
- Price
- $202,000
- Cash to close
- $26,260
- Price per unit
- $101,000
- GRM
- 7.3
Each month
- Cash flow
- −$288/mo
- Cash-on-cash
- −13.1%
- Cap rate
- 6.2%
- DSCR
- 0.78×
Break-even
- Price that breaks even
- $158,070
- Rent that breaks even
- $2,720/mo
Long run
- Year 30: property vs stocks
- $697K vs $281K
- Cash flow turns positive
- year 7
The deal
- Price
- $212,000
- Cash to close
- $48,760
- Price per unit
- $106,000
- GRM
- 7.7
Each month
- Cash flow
- $102/mo
- Cash-on-cash
- 2.5%
- Cap rate
- 7.0%
- DSCR
- 1.09×
Break-even
- Price that breaks even
- $231,092
- Rent that breaks even
- $2,168/mo
Long run
- Year 30: property vs stocks
- $1.07M vs $371K
- Cash flow turns positive
- year 1
The deal
- Price
- $212,000
- Cash to close
- $48,760
- Price per unit
- $106,000
- GRM
- 7.7
Each month
- Cash flow
- −$93/mo
- Cash-on-cash
- −2.3%
- Cap rate
- 5.9%
- DSCR
- 0.92×
Break-even
- Price that breaks even
- $194,534
- Rent that breaks even
- $2,436/mo
Long run
- Year 30: property vs stocks
- $782K vs $387K
- Cash flow turns positive
- year 5
The deal
- Price
- $202,000
- Cash to close
- $46,460
- Price per unit
- $101,000
- GRM
- 7.3
Each month
- Cash flow
- $155/mo
- Cash-on-cash
- 4.0%
- Cap rate
- 7.3%
- DSCR
- 1.14×
Break-even
- Price that breaks even
- $231,092
- Rent that breaks even
- $2,099/mo
Long run
- Year 30: property vs stocks
- $1.11M vs $354K
- Cash flow turns positive
- year 1
The deal
- Price
- $202,000
- Cash to close
- $46,460
- Price per unit
- $101,000
- GRM
- 7.3
Each month
- Cash flow
- −$40/mo
- Cash-on-cash
- −1.0%
- Cap rate
- 6.2%
- DSCR
- 0.96×
Break-even
- Price that breaks even
- $194,534
- Rent that breaks even
- $2,358/mo
Long run
- Year 30: property vs stocks
- $807K vs $358K
- Cash flow turns positive
- year 3
The deal
- Price
- $212,000
- Cash to close
- $59,360
- Price per unit
- $106,000
- GRM
- 7.7
Each month
- Cash flow
- $172/mo
- Cash-on-cash
- 3.5%
- Cap rate
- 7.0%
- DSCR
- 1.16×
Break-even
- Price that breaks even
- $246,499
- Rent that breaks even
- $2,076/mo
Long run
- Year 30: property vs stocks
- $1.15M vs $452K
- Cash flow turns positive
- year 1
The deal
- Price
- $212,000
- Cash to close
- $59,360
- Price per unit
- $106,000
- GRM
- 7.7
Each month
- Cash flow
- −$22/mo
- Cash-on-cash
- −0.5%
- Cap rate
- 5.9%
- DSCR
- 0.98×
Break-even
- Price that breaks even
- $207,503
- Rent that breaks even
- $2,333/mo
Long run
- Year 30: property vs stocks
- $847K vs $454K
- Cash flow turns positive
- year 2
The deal
- Price
- $202,000
- Cash to close
- $56,560
- Price per unit
- $101,000
- GRM
- 7.3
Each month
- Cash flow
- $222/mo
- Cash-on-cash
- 4.7%
- Cap rate
- 7.3%
- DSCR
- 1.22×
Break-even
- Price that breaks even
- $246,499
- Rent that breaks even
- $2,012/mo
Long run
- Year 30: property vs stocks
- $1.18M vs $431K
- Cash flow turns positive
- year 1
The deal
- Price
- $202,000
- Cash to close
- $56,560
- Price per unit
- $101,000
- GRM
- 7.3
Each month
- Cash flow
- $27/mo
- Cash-on-cash
- 0.6%
- Cap rate
- 6.2%
- DSCR
- 1.03×
Break-even
- Price that breaks even
- $207,503
- Rent that breaks even
- $2,260/mo
Long run
- Year 30: property vs stocks
- $879K vs $431K
- Cash flow turns positive
- year 1
Monthly
Monthly breakdown
| Rent | $2,300 |
| Vacancy (6%) | −$138 |
| Collected | $2,162 |
| Property tax Listing | −$104 |
| Insurance Estimate | −$207 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$184 |
| Capital reserve (9% of rent) | −$207 |
| Net operating income | $1,230 |
| Mortgage (principal + interest) | −$1,269 |
| PMI | −$119 |
| Cash flow | −$159 |
| Principal paid down (equity, not cash) | $162 |
| Rent | $2,300 |
| Vacancy (6%) | −$138 |
| Collected | $2,162 |
| Property tax Listing | −$104 |
| Insurance Estimate | −$207 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$184 |
| Capital reserve (9% of rent) | −$207 |
| Property management | −$195 |
| Net operating income | $1,035 |
| Mortgage (principal + interest) | −$1,269 |
| PMI | −$119 |
| Cash flow | −$353 |
| Principal paid down (equity, not cash) | $162 |
| Rent | $2,300 |
| Vacancy (6%) | −$138 |
| Collected | $2,162 |
| Property tax Listing | −$104 |
| Insurance Estimate | −$207 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$184 |
| Capital reserve (9% of rent) | −$207 |
| Net operating income | $1,230 |
| Mortgage (principal + interest) | −$1,210 |
| PMI | −$114 |
| Cash flow | −$93 |
| Principal paid down (equity, not cash) | $154 |
| Rent | $2,300 |
| Vacancy (6%) | −$138 |
| Collected | $2,162 |
| Property tax Listing | −$104 |
| Insurance Estimate | −$207 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$184 |
| Capital reserve (9% of rent) | −$207 |
| Property management | −$195 |
| Net operating income | $1,035 |
| Mortgage (principal + interest) | −$1,210 |
| PMI | −$114 |
| Cash flow | −$288 |
| Principal paid down (equity, not cash) | $154 |
| Rent | $2,300 |
| Vacancy (6%) | −$138 |
| Collected | $2,162 |
| Property tax Listing | −$104 |
| Insurance Estimate | −$207 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$184 |
| Capital reserve (9% of rent) | −$207 |
| Net operating income | $1,230 |
| Mortgage (principal + interest) | −$1,128 |
| Cash flow | $102 |
| Principal paid down (equity, not cash) | $144 |
| Rent | $2,300 |
| Vacancy (6%) | −$138 |
| Collected | $2,162 |
| Property tax Listing | −$104 |
| Insurance Estimate | −$207 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$184 |
| Capital reserve (9% of rent) | −$207 |
| Property management | −$195 |
| Net operating income | $1,035 |
| Mortgage (principal + interest) | −$1,128 |
| Cash flow | −$93 |
| Principal paid down (equity, not cash) | $144 |
| Rent | $2,300 |
| Vacancy (6%) | −$138 |
| Collected | $2,162 |
| Property tax Listing | −$104 |
| Insurance Estimate | −$207 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$184 |
| Capital reserve (9% of rent) | −$207 |
| Net operating income | $1,230 |
| Mortgage (principal + interest) | −$1,075 |
| Cash flow | $155 |
| Principal paid down (equity, not cash) | $137 |
| Rent | $2,300 |
| Vacancy (6%) | −$138 |
| Collected | $2,162 |
| Property tax Listing | −$104 |
| Insurance Estimate | −$207 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$184 |
| Capital reserve (9% of rent) | −$207 |
| Property management | −$195 |
| Net operating income | $1,035 |
| Mortgage (principal + interest) | −$1,075 |
| Cash flow | −$40 |
| Principal paid down (equity, not cash) | $137 |
| Rent | $2,300 |
| Vacancy (6%) | −$138 |
| Collected | $2,162 |
| Property tax Listing | −$104 |
| Insurance Estimate | −$207 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$184 |
| Capital reserve (9% of rent) | −$207 |
| Net operating income | $1,230 |
| Mortgage (principal + interest) | −$1,058 |
| Cash flow | $172 |
| Principal paid down (equity, not cash) | $135 |
| Rent | $2,300 |
| Vacancy (6%) | −$138 |
| Collected | $2,162 |
| Property tax Listing | −$104 |
| Insurance Estimate | −$207 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$184 |
| Capital reserve (9% of rent) | −$207 |
| Property management | −$195 |
| Net operating income | $1,035 |
| Mortgage (principal + interest) | −$1,058 |
| Cash flow | −$22 |
| Principal paid down (equity, not cash) | $135 |
| Rent | $2,300 |
| Vacancy (6%) | −$138 |
| Collected | $2,162 |
| Property tax Listing | −$104 |
| Insurance Estimate | −$207 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$184 |
| Capital reserve (9% of rent) | −$207 |
| Net operating income | $1,230 |
| Mortgage (principal + interest) | −$1,008 |
| Cash flow | $222 |
| Principal paid down (equity, not cash) | $128 |
| Rent | $2,300 |
| Vacancy (6%) | −$138 |
| Collected | $2,162 |
| Property tax Listing | −$104 |
| Insurance Estimate | −$207 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$184 |
| Capital reserve (9% of rent) | −$207 |
| Property management | −$195 |
| Net operating income | $1,035 |
| Mortgage (principal + interest) | −$1,008 |
| Cash flow | $27 |
| Principal paid down (equity, not cash) | $128 |
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
- Your equity when you sell
- $483,705
- Rental profits, invested at 7%
- $421,452
Sells for $514,580 (value up 3% a year), minus 6% selling cost ($30,875). Rent paid down $190,800 of loan.
$218,323 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $209,794
- Monthly shortfalls, invested
- $33,854
$27,560 put into an index fund instead of the down payment and closing costs.
$5,110 you'd have paid in while the building lost money, invested instead.
The building comes out $661,509 ahead after 30 years.
- Your equity when you sell
- $483,705
- Rental profits, invested at 7%
- $198,262
Sells for $514,580 (value up 3% a year), minus 6% selling cost ($30,875). Rent paid down $190,800 of loan.
$120,263 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $209,794
- Monthly shortfalls, invested
- $113,333
$27,560 put into an index fund instead of the down payment and closing costs.
$18,136 you'd have paid in while the building lost money, invested instead.
The building comes out $358,840 ahead after 30 years.
- Your equity when you sell
- $460,889
- Rental profits, invested at 7%
- $471,650
Sells for $490,307 (value up 3% a year), minus 6% selling cost ($29,418). Rent paid down $181,800 of loan.
$237,151 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $199,898
- Monthly shortfalls, invested
- $14,439
$26,260 put into an index fund instead of the down payment and closing costs.
$2,112 you'd have paid in while the building lost money, invested instead.
The building comes out $718,201 ahead after 30 years.
- Your equity when you sell
- $460,889
- Rental profits, invested at 7%
- $236,091
Sells for $490,307 (value up 3% a year), minus 6% selling cost ($29,418). Rent paid down $181,800 of loan.
$136,655 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $199,898
- Monthly shortfalls, invested
- $81,549
$26,260 put into an index fund instead of the down payment and closing costs.
$12,702 you'd have paid in while the building lost money, invested instead.
The building comes out $415,532 ahead after 30 years.
- Your equity when you sell
- $483,705
- Rental profits, invested at 7%
- $584,373
Sells for $514,580 (value up 3% a year), minus 6% selling cost ($30,875). Rent paid down $169,600 of loan.
$269,713 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $371,174
$48,760 put into an index fund instead of the down payment and closing costs.
The building comes out $696,904 ahead after 30 years.
- Your equity when you sell
- $483,705
- Rental profits, invested at 7%
- $297,832
Sells for $514,580 (value up 3% a year), minus 6% selling cost ($30,875). Rent paid down $169,600 of loan.
$161,010 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $371,174
- Monthly shortfalls, invested
- $16,128
$48,760 put into an index fund instead of the down payment and closing costs.
$2,384 you'd have paid in while the building lost money, invested instead.
The building comes out $394,235 ahead after 30 years.
- Your equity when you sell
- $460,889
- Rental profits, invested at 7%
- $644,704
Sells for $490,307 (value up 3% a year), minus 6% selling cost ($29,418). Rent paid down $161,600 of loan.
$288,874 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $353,665
$46,460 put into an index fund instead of the down payment and closing costs.
The building comes out $751,927 ahead after 30 years.
- Your equity when you sell
- $460,889
- Rental profits, invested at 7%
- $346,336
Sells for $490,307 (value up 3% a year), minus 6% selling cost ($29,418). Rent paid down $161,600 of loan.
$178,401 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $353,665
- Monthly shortfalls, invested
- $4,301
$46,460 put into an index fund instead of the down payment and closing costs.
$613 you'd have paid in while the building lost money, invested instead.
The building comes out $449,258 ahead after 30 years.
- Your equity when you sell
- $483,705
- Rental profits, invested at 7%
- $664,312
Sells for $514,580 (value up 3% a year), minus 6% selling cost ($30,875). Rent paid down $159,000 of loan.
$295,101 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $451,863
$59,360 put into an index fund instead of the down payment and closing costs.
The building comes out $696,153 ahead after 30 years.
- Your equity when you sell
- $483,705
- Rental profits, invested at 7%
- $363,559
Sells for $514,580 (value up 3% a year), minus 6% selling cost ($30,875). Rent paid down $159,000 of loan.
$184,284 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $451,863
- Monthly shortfalls, invested
- $1,916
$59,360 put into an index fund instead of the down payment and closing costs.
$269 you'd have paid in while the building lost money, invested instead.
The building comes out $393,484 ahead after 30 years.
- Your equity when you sell
- $460,889
- Rental profits, invested at 7%
- $720,872
Sells for $490,307 (value up 3% a year), minus 6% selling cost ($29,418). Rent paid down $151,500 of loan.
$313,064 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $430,549
$56,560 put into an index fund instead of the down payment and closing costs.
The building comes out $751,212 ahead after 30 years.
- Your equity when you sell
- $460,889
- Rental profits, invested at 7%
- $418,203
Sells for $490,307 (value up 3% a year), minus 6% selling cost ($29,418). Rent paid down $151,500 of loan.
$201,978 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $430,549
$56,560 put into an index fund instead of the down payment and closing costs.
The building comes out $448,543 ahead after 30 years.
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 $905K, stocks $244K. The property wins.
Year 30 (loan paid off): property $682K, stocks $323K. The property wins.
Year 30 (loan paid off): property $933K, stocks $214K. The property wins.
Year 30 (loan paid off): property $697K, stocks $281K. The property wins.
Year 30 (loan paid off): property $1.07M, stocks $371K. The property wins.
Year 30 (loan paid off): property $782K, stocks $387K. The property wins.
Year 30 (loan paid off): property $1.11M, stocks $354K. The property wins.
Year 30 (loan paid off): property $807K, stocks $358K. The property wins.
Year 30 (loan paid off): property $1.15M, stocks $452K. The property wins.
Year 30 (loan paid off): property $847K, stocks $454K. The property wins.
Year 30 (loan paid off): property $1.18M, stocks $431K. The property wins.
Year 30 (loan paid off): property $879K, stocks $431K. The property wins.
Comparable rentals
Nearby rentals RentCast matched to each unit type, as of 2026-10-05. The estimate above is RentCast's, weighted toward the closest matches.
2 bed / 1 bath estimate $1,150/mo · range $900–$1,375
| Address | Rent | Bd / Ba | Distance | Match |
|---|---|---|---|---|
| 1120 Pine St, Brainerd 56401 off market | $825 | 2 / 1 | 0.2 mi | 94% |
| 922 Broadway St, Brainerd 56401 | $995 | 2 / 1 | 0.2 mi | 94% |
| 916 S 6th St, Brainerd 56401 off market | $850 | 2 / 1 | 0.4 mi | 93% |
| 1509 Norwood St, Brainerd 56401 | $895 | 2 / 1 | 0.5 mi | 93% |
| 1702 Norwood St, Brainerd 56401 off market | $925 | 2 / 1 | 0.5 mi | 93% |
| 2100 Breilly Ct, Unit 2219, Brainerd 56401 | $1,449 | 2 / 1 | 0.7 mi | 93% |
| 2100 Breilly Ct, Unit 2206, Brainerd 56401 off market | $1,399 | 2 / 1 | 0.7 mi | 93% |
| 2100 Breilly Ct, Unit 2216, Brainerd 56401 off market | $1,399 | 2 / 1 | 0.7 mi | 93% |
| 2100 Breilly Ct, Unit 2208, Brainerd 56401 off market | $1,399 | 2 / 1 | 0.7 mi | 93% |
| 2100 Breilly Ct, Unit 2111, Brainerd 56401 off market | $1,295 | 2 / 1 | 0.7 mi | 93% |
On the maps, this property and comparable rentals. Comparable rentals and rent estimate: RentCast. Rents are asking rents from listings; check them against the actual leases.
Red flags and opportunities
Watch for
- highNo rents, lease terms or expenses given; income is unverified Listing says: A great investment opportunity with built-in cash flow. · AI review
- mediumCouldn't match this address to a county parcel record, so taxes and unit count are unverified. Public record: County parcels: no match for 1020 ROSEWOOD ST
- mediumShared laundry on the main level suggests common-area access and possibly shared utilities or meters Listing says: a new washer and dryer in the shared main level laundry room · AI review
- medium1888 build: wiring, plumbing and foundation age are unknown Based on: data: listing.year_built · AI review
Opportunities
- Long time on market: room to negotiate. Based on: Listing data: 109 days on market
- 109 days on market gives room to negotiate Based on: data: listing.days_on_market · AI review
- Brainerd has no rent cap, so rents can follow the market Based on: data: underwriting.rent_rule · AI review
Questions for the agent
- What are the current rents and lease terms for each unit, and can I see the rent roll?
- Are there separate meters for gas and electric, and who pays each utility, including the shared laundry?
- What is the actual annual property tax, and is the property licensed as a rental?
- How old is the roof, and what are the electrical panel type and amperage?
- Why has it sat 109 days, and has the price changed?
- Is the laundry shared by both units, and how is it accessed?
Bottom line
A refreshed 1888 Brainerd duplex that could cash flow modestly, but nothing about rents, taxes or utilities is verified yet. AI-assisted summary
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. | $1,248 |
| Insurance / yr Estimateestimate. from units, square feet and age; get a quote | $2,484 |
| 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 1888: +1 pt capital reserve | 8% / 9% |
Price history Realtor.com
On the market since 2026-06-18 (109 days, relisted 1×); last sold for $170,000 on 2024-05-09.
| Date | Event | Price |
|---|---|---|
| Relisted | $212,000 | |
| Removed | $212,000 | |
| Relisted | $212,000 | |
| Removed | — | |
| Listed | $212,000 | |
| Sold public record | $170,000 | |
| Sold | $30,000 | |
| Price changed | $39,000 | |
| Sold public record | $30,000 | |
| Price changed | $45,500 | |
| Listed | $39,000 | |
| Listed | $45,500 | |
| Removed | $39,900 | |
| Removed | $39,900 | |
| Price changed | $39,900 | |
| Price changed | $44,900 | |
| Relisted | $49,900 | |
| Removed | $49,900 | |
| Relisted | $49,900 | |
| Removed | $49,900 | |
| Relisted | $49,900 | |
| Removed | $49,900 | |
| Listed | $39,900 | |
| Listed | $49,900 | |
| Removed | $53,000 |
From the listing Listing
| Listed as | duplex up and down |
| Property tax, 2026 | $1,248 |
| County | Crow Wing |
| Parcel number | 09174020000X009 |
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 Brainerd on rental licensing before you buy.