6266 Giants Ridge Rd
Duplex · 2 units: 1 bed / 1 bath ×2 unit split estimated · 1,152 sq ft
Biwabik, MN · View the listing ↗
Photos courtesy of z'UP North Realty, via Realtor.com.
- Asking price
- $10,000 2 units · $5K per unit
- Monthly cash flow
- $1,018 at 20% down, 7%
- Estimated rent
- $1,900/mo medium confidence
- Break-even price
- $201,334 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
- $10,000
- Cash to close
- $1,300
- Price per unit
- $5,000
- GRM
- 0.4
Each month
- Cash flow
- $1,006/mo
- Cash-on-cash
- 928.7%
- Cap rate
- 128.6%
- DSCR
- 16.36×
Break-even
- Price that breaks even
- $163,595
- Rent that breaks even
- $610/mo
Long run
- Year 30: property vs stocks
- $1.58M vs $10K
- Cash flow turns positive
- year 1
The deal
- Price
- $10,000
- Cash to close
- $1,300
- Price per unit
- $5,000
- GRM
- 0.4
Each month
- Cash flow
- $845/mo
- Cash-on-cash
- 780.3%
- Cap rate
- 109.3%
- DSCR
- 13.91×
Break-even
- Price that breaks even
- $139,055
- Rent that breaks even
- $684/mo
Long run
- Year 30: property vs stocks
- $1.33M vs $10K
- Cash flow turns positive
- year 1
The deal
- Price
- $0
- Cash to close
- $0
- Price per unit
- $0
- GRM
- —
Each month
- Cash flow
- $1,072/mo
- Cash-on-cash
- —
- Cap rate
- —
- DSCR
- —×
Break-even
- Price that breaks even
- $163,595
- Rent that breaks even
- $526/mo
Long run
- Year 30: property vs stocks
- $1.63M vs $0K
- Cash flow turns positive
- year 1
The deal
- Price
- $0
- Cash to close
- $0
- Price per unit
- $0
- GRM
- —
Each month
- Cash flow
- $911/mo
- Cash-on-cash
- —
- Cap rate
- —
- DSCR
- —×
Break-even
- Price that breaks even
- $139,055
- Rent that breaks even
- $590/mo
Long run
- Year 30: property vs stocks
- $1.38M vs $0K
- Cash flow turns positive
- year 1
The deal
- Price
- $10,000
- Cash to close
- $2,300
- Price per unit
- $5,000
- GRM
- 0.4
Each month
- Cash flow
- $1,018/mo
- Cash-on-cash
- 531.3%
- Cap rate
- 128.6%
- DSCR
- 20.13×
Break-even
- Price that breaks even
- $201,334
- Rent that breaks even
- $594/mo
Long run
- Year 30: property vs stocks
- $1.59M vs $18K
- Cash flow turns positive
- year 1
The deal
- Price
- $10,000
- Cash to close
- $2,300
- Price per unit
- $5,000
- GRM
- 0.4
Each month
- Cash flow
- $858/mo
- Cash-on-cash
- 447.5%
- Cap rate
- 109.3%
- DSCR
- 17.11×
Break-even
- Price that breaks even
- $171,133
- Rent that breaks even
- $667/mo
Long run
- Year 30: property vs stocks
- $1.34M vs $18K
- Cash flow turns positive
- year 1
The deal
- Price
- $0
- Cash to close
- $0
- Price per unit
- $0
- GRM
- —
Each month
- Cash flow
- $1,072/mo
- Cash-on-cash
- —
- Cap rate
- —
- DSCR
- —×
Break-even
- Price that breaks even
- $201,334
- Rent that breaks even
- $526/mo
Long run
- Year 30: property vs stocks
- $1.63M vs $0K
- Cash flow turns positive
- year 1
The deal
- Price
- $0
- Cash to close
- $0
- Price per unit
- $0
- GRM
- —
Each month
- Cash flow
- $911/mo
- Cash-on-cash
- —
- Cap rate
- —
- DSCR
- —×
Break-even
- Price that breaks even
- $171,133
- Rent that breaks even
- $590/mo
Long run
- Year 30: property vs stocks
- $1.38M vs $0K
- Cash flow turns positive
- year 1
The deal
- Price
- $10,000
- Cash to close
- $2,800
- Price per unit
- $5,000
- GRM
- 0.4
Each month
- Cash flow
- $1,022/mo
- Cash-on-cash
- 437.9%
- Cap rate
- 128.6%
- DSCR
- 21.48×
Break-even
- Price that breaks even
- $214,756
- Rent that breaks even
- $590/mo
Long run
- Year 30: property vs stocks
- $1.60M vs $21K
- Cash flow turns positive
- year 1
The deal
- Price
- $10,000
- Cash to close
- $2,800
- Price per unit
- $5,000
- GRM
- 0.4
Each month
- Cash flow
- $861/mo
- Cash-on-cash
- 369.0%
- Cap rate
- 109.3%
- DSCR
- 18.25×
Break-even
- Price that breaks even
- $182,542
- Rent that breaks even
- $662/mo
Long run
- Year 30: property vs stocks
- $1.35M vs $21K
- Cash flow turns positive
- year 1
The deal
- Price
- $0
- Cash to close
- $0
- Price per unit
- $0
- GRM
- —
Each month
- Cash flow
- $1,072/mo
- Cash-on-cash
- —
- Cap rate
- —
- DSCR
- —×
Break-even
- Price that breaks even
- $214,756
- Rent that breaks even
- $526/mo
Long run
- Year 30: property vs stocks
- $1.63M vs $0K
- Cash flow turns positive
- year 1
The deal
- Price
- $0
- Cash to close
- $0
- Price per unit
- $0
- GRM
- —
Each month
- Cash flow
- $911/mo
- Cash-on-cash
- —
- Cap rate
- —
- DSCR
- —×
Break-even
- Price that breaks even
- $182,542
- Rent that breaks even
- $590/mo
Long run
- Year 30: property vs stocks
- $1.38M vs $0K
- Cash flow turns positive
- year 1
Monthly
Monthly breakdown
| Rent | $1,900 |
| Vacancy (6%) | −$114 |
| Collected | $1,786 |
| Property tax Listing | −$6 |
| Insurance Estimate | −$174 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$152 |
| Capital reserve (8% of rent) | −$152 |
| Net operating income | $1,072 |
| Mortgage (principal + interest) | −$60 |
| PMI | −$6 |
| Cash flow | $1,006 |
| Principal paid down (equity, not cash) | $8 |
| Rent | $1,900 |
| Vacancy (6%) | −$114 |
| Collected | $1,786 |
| Property tax Listing | −$6 |
| Insurance Estimate | −$174 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$152 |
| Capital reserve (8% of rent) | −$152 |
| Property management | −$161 |
| Net operating income | $911 |
| Mortgage (principal + interest) | −$60 |
| PMI | −$6 |
| Cash flow | $845 |
| Principal paid down (equity, not cash) | $8 |
| Rent | $1,900 |
| Vacancy (6%) | −$114 |
| Collected | $1,786 |
| Property tax Listing | −$6 |
| Insurance Estimate | −$174 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$152 |
| Capital reserve (8% of rent) | −$152 |
| Net operating income | $1,072 |
| Mortgage (principal + interest) | $0 |
| Cash flow | $1,072 |
| Principal paid down (equity, not cash) | $0 |
| Rent | $1,900 |
| Vacancy (6%) | −$114 |
| Collected | $1,786 |
| Property tax Listing | −$6 |
| Insurance Estimate | −$174 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$152 |
| Capital reserve (8% of rent) | −$152 |
| Property management | −$161 |
| Net operating income | $911 |
| Mortgage (principal + interest) | $0 |
| Cash flow | $911 |
| Principal paid down (equity, not cash) | $0 |
| Rent | $1,900 |
| Vacancy (6%) | −$114 |
| Collected | $1,786 |
| Property tax Listing | −$6 |
| Insurance Estimate | −$174 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$152 |
| Capital reserve (8% of rent) | −$152 |
| Net operating income | $1,072 |
| Mortgage (principal + interest) | −$53 |
| Cash flow | $1,018 |
| Principal paid down (equity, not cash) | $7 |
| Rent | $1,900 |
| Vacancy (6%) | −$114 |
| Collected | $1,786 |
| Property tax Listing | −$6 |
| Insurance Estimate | −$174 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$152 |
| Capital reserve (8% of rent) | −$152 |
| Property management | −$161 |
| Net operating income | $911 |
| Mortgage (principal + interest) | −$53 |
| Cash flow | $858 |
| Principal paid down (equity, not cash) | $7 |
| Rent | $1,900 |
| Vacancy (6%) | −$114 |
| Collected | $1,786 |
| Property tax Listing | −$6 |
| Insurance Estimate | −$174 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$152 |
| Capital reserve (8% of rent) | −$152 |
| Net operating income | $1,072 |
| Mortgage (principal + interest) | $0 |
| Cash flow | $1,072 |
| Principal paid down (equity, not cash) | $0 |
| Rent | $1,900 |
| Vacancy (6%) | −$114 |
| Collected | $1,786 |
| Property tax Listing | −$6 |
| Insurance Estimate | −$174 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$152 |
| Capital reserve (8% of rent) | −$152 |
| Property management | −$161 |
| Net operating income | $911 |
| Mortgage (principal + interest) | $0 |
| Cash flow | $911 |
| Principal paid down (equity, not cash) | $0 |
| Rent | $1,900 |
| Vacancy (6%) | −$114 |
| Collected | $1,786 |
| Property tax Listing | −$6 |
| Insurance Estimate | −$174 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$152 |
| Capital reserve (8% of rent) | −$152 |
| Net operating income | $1,072 |
| Mortgage (principal + interest) | −$50 |
| Cash flow | $1,022 |
| Principal paid down (equity, not cash) | $6 |
| Rent | $1,900 |
| Vacancy (6%) | −$114 |
| Collected | $1,786 |
| Property tax Listing | −$6 |
| Insurance Estimate | −$174 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$152 |
| Capital reserve (8% of rent) | −$152 |
| Property management | −$161 |
| Net operating income | $911 |
| Mortgage (principal + interest) | −$50 |
| Cash flow | $861 |
| Principal paid down (equity, not cash) | $6 |
| Rent | $1,900 |
| Vacancy (6%) | −$114 |
| Collected | $1,786 |
| Property tax Listing | −$6 |
| Insurance Estimate | −$174 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$152 |
| Capital reserve (8% of rent) | −$152 |
| Net operating income | $1,072 |
| Mortgage (principal + interest) | $0 |
| Cash flow | $1,072 |
| Principal paid down (equity, not cash) | $0 |
| Rent | $1,900 |
| Vacancy (6%) | −$114 |
| Collected | $1,786 |
| Property tax Listing | −$6 |
| Insurance Estimate | −$174 |
| Water, sewer, trash Estimate | −$170 |
| Lawn care ($120 × 6 mo ÷ 12) | −$60 |
| Repairs (8% of rent) | −$152 |
| Capital reserve (8% of rent) | −$152 |
| Property management | −$161 |
| Net operating income | $911 |
| Mortgage (principal + interest) | $0 |
| Cash flow | $911 |
| Principal paid down (equity, not cash) | $0 |
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
- $22,817
- Rental profits, invested at 7%
- $1,559,438
Sells for $24,273 (value up 3% a year), minus 6% selling cost ($1,456). Rent paid down $9,000 of loan.
$570,014 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $9,896
$1,300 put into an index fund instead of the down payment and closing costs.
The building comes out $1,572,358 ahead after 30 years.
- Your equity when you sell
- $22,817
- Rental profits, invested at 7%
- $1,309,407
Sells for $24,273 (value up 3% a year), minus 6% selling cost ($1,456). Rent paid down $9,000 of loan.
$478,246 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $9,896
$1,300 put into an index fund instead of the down payment and closing costs.
The building comes out $1,322,327 ahead after 30 years.
- Your equity when you sell
- $0
- Rental profits, invested at 7%
- $1,629,051
Sells for $0 (value up 3% a year), minus 6% selling cost ($0). Rent paid down $0 of loan.
$591,840 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $0
$0 put into an index fund instead of the down payment and closing costs.
The building comes out $1,629,051 ahead after 30 years.
- Your equity when you sell
- $0
- Rental profits, invested at 7%
- $1,379,020
Sells for $0 (value up 3% a year), minus 6% selling cost ($0). Rent paid down $0 of loan.
$500,072 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $0
$0 put into an index fund instead of the down payment and closing costs.
The building comes out $1,379,020 ahead after 30 years.
- Your equity when you sell
- $22,817
- Rental profits, invested at 7%
- $1,568,719
Sells for $24,273 (value up 3% a year), minus 6% selling cost ($1,456). Rent paid down $8,000 of loan.
$572,679 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $17,508
$2,300 put into an index fund instead of the down payment and closing costs.
The building comes out $1,574,028 ahead after 30 years.
- Your equity when you sell
- $22,817
- Rental profits, invested at 7%
- $1,318,689
Sells for $24,273 (value up 3% a year), minus 6% selling cost ($1,456). Rent paid down $8,000 of loan.
$480,912 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $17,508
$2,300 put into an index fund instead of the down payment and closing costs.
The building comes out $1,323,997 ahead after 30 years.
- Your equity when you sell
- $0
- Rental profits, invested at 7%
- $1,629,051
Sells for $0 (value up 3% a year), minus 6% selling cost ($0). Rent paid down $0 of loan.
$591,840 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $0
$0 put into an index fund instead of the down payment and closing costs.
The building comes out $1,629,051 ahead after 30 years.
- Your equity when you sell
- $0
- Rental profits, invested at 7%
- $1,379,020
Sells for $0 (value up 3% a year), minus 6% selling cost ($0). Rent paid down $0 of loan.
$500,072 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $0
$0 put into an index fund instead of the down payment and closing costs.
The building comes out $1,379,020 ahead after 30 years.
- Your equity when you sell
- $22,817
- Rental profits, invested at 7%
- $1,572,490
Sells for $24,273 (value up 3% a year), minus 6% selling cost ($1,456). Rent paid down $7,500 of loan.
$573,876 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $21,314
$2,800 put into an index fund instead of the down payment and closing costs.
The building comes out $1,573,992 ahead after 30 years.
- Your equity when you sell
- $22,817
- Rental profits, invested at 7%
- $1,322,459
Sells for $24,273 (value up 3% a year), minus 6% selling cost ($1,456). Rent paid down $7,500 of loan.
$482,109 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $21,314
$2,800 put into an index fund instead of the down payment and closing costs.
The building comes out $1,323,962 ahead after 30 years.
- Your equity when you sell
- $0
- Rental profits, invested at 7%
- $1,629,051
Sells for $0 (value up 3% a year), minus 6% selling cost ($0). Rent paid down $0 of loan.
$591,840 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $0
$0 put into an index fund instead of the down payment and closing costs.
The building comes out $1,629,051 ahead after 30 years.
- Your equity when you sell
- $0
- Rental profits, invested at 7%
- $1,379,020
Sells for $0 (value up 3% a year), minus 6% selling cost ($0). Rent paid down $0 of loan.
$500,072 of cash flow over 30 years, plus what it earned invested.
- Cash to close, invested at 7%
- $0
$0 put into an index fund instead of the down payment and closing costs.
The building comes out $1,379,020 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 $1.58M, stocks $10K. The property wins.
Year 30 (loan paid off): property $1.33M, stocks $10K. The property wins.
Year 30 (loan paid off): property $1.63M, stocks $0K. The property wins.
Year 30 (loan paid off): property $1.38M, stocks $0K. The property wins.
Year 30 (loan paid off): property $1.59M, stocks $18K. The property wins.
Year 30 (loan paid off): property $1.34M, stocks $18K. The property wins.
Year 30 (loan paid off): property $1.63M, stocks $0K. The property wins.
Year 30 (loan paid off): property $1.38M, stocks $0K. The property wins.
Year 30 (loan paid off): property $1.60M, stocks $21K. The property wins.
Year 30 (loan paid off): property $1.35M, stocks $21K. The property wins.
Year 30 (loan paid off): property $1.63M, stocks $0K. The property wins.
Year 30 (loan paid off): property $1.38M, stocks $0K. The property wins.
Comparable rentals
Nearby rentals RentCast matched to each unit type, as of 2026-10-06. The estimate above is RentCast's, weighted toward the closest matches.
1 bed / 1 bath estimate $950/mo · range $700–$1,200
| Address | Rent | Bd / Ba | Distance | Match |
|---|---|---|---|---|
| 310 E 4th Ave N, Aurora 55705 off market | $300 | 1 / 1 | 4.2 mi | 80% |
| 410 W 3rd Ave N, Aurora 55705 | $970 | 2 / 1 | 3.8 mi | 78% |
| 900 Dorchester Dr, Hoyt Lakes 55750 | $725 | 1 / 1 | 8.2 mi | 77% |
| 119 1st St N, Virginia 55792 off market | $1,230 | 1 / 1 | 11.4 mi | 77% |
| 104 5th St S, Virginia 55792 off market | $940 | 1 / 1 | 11.4 mi | 77% |
| 517 14th St N, Unit 3, Virginia 55792 off market | $875 | 1 / 1 | 11.6 mi | 76% |
| 408 5th St S, Unit 2, Virginia 55792 off market | $900 | 1 / 1 | 11.7 mi | 76% |
| 724 11th St N, Virginia 55792 off market | $750 | 1 / 1 | 11.8 mi | 76% |
| 815 13th St N, Virginia 55792 off market | $1,350 | 1 / 1 | 11.8 mi | 76% |
| 604 7th St S, Unit 2, Virginia 55792 | $850 | 1 / 1 | 11.9 mi | 76% |
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
- highPriced under $100K: usually means major repairs, a fire or condemned building, a contract-for-deed or partial-interest sale, or a listing error. Find out why before anything else. Based on: Listing data: asking $10,000
Opportunities
None found.
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. | $77 |
| Insurance / yr Estimateestimate. from units, square feet and age; get a quote | $2,088 |
| 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. base rate | 8% / 8% |
Price history Realtor.com
Listed for rent at $10,000/mo on 2026-09-29.
| Date | Event | Price |
|---|---|---|
| Listed for rent | $10,000/mo | |
| Listed for rent | $10,000/mo |
From the listing Listing
| Listed as | duplex other |
| Property tax, 2026 | $77 |
| County | St. Louis |
| Parcel number | 015001700030 |
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 Biwabik on rental licensing before you buy.