Circle Pines
Twin Cities suburbs city. Every 2–4 unit listing here, run through the same numbers at 20% down and 7%.
Neighborhood profile
- Listings we track
- 3
- Median price per unit
- $238K
- Typical cash flow
- −$10 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.
Ways to slice it
Best cash flow now
Monthly cash flow at 20% down.
- 3811 Restwood Rd $658/mo
- 12 Ryan Pl serious flag −$10/mo
- 22 Ryan Pl serious flag −$37/mo
Best long-term
Year-30 wealth vs. the same money in stocks.
- 3811 Restwood Rd 3.44× stocks
- 12 Ryan Pl serious flag 2.48× stocks
- 22 Ryan Pl serious flag 2.42× stocks
Value-add
Under-rented, needs work, or room to negotiate.
- 3811 Restwood Rd Long time on market: room to negotiate.
Proceed with caution
Decent numbers, serious flags.
- 12 Ryan Pl Priced above break-even; negative cash flow at asking
All listings
3 listings. Filter by price or units, or switch the down payment.
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Cash flows
3811 Restwood Rd
$595,000 · 4 unitsCash flow $658/mo Cap 7.7% Break-even price $719K Yr 30 vs stocks 3.44× Positive in yr 1Updated four-plex that looks decent on our estimates, but the rents and taxes are unverified and the FHA assumption likely needs owner occupancy, so get the rent roll and loan terms first.
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12 Ryan Pl
$475,000 · 2 unitsCash flow −$10/mo Cap 6.4% Break-even price $473K Yr 30 vs stocks 2.48× Positive in yr 2Low-expense, easy-to-run duplex, but $475K is slightly above what the rents support, so it needs a modestly lower price to work.
Priced above break-even; negative cash flow at asking
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22 Ryan Pl
$475,000 · 2 unitsCash flow −$37/mo Cap 6.3% Break-even price $468K Yr 30 vs stocks 2.42× Positive in yr 2Low-hassle tenant-paid-utilities duplex, but at $475K it loses money in our model, so it only works if actual rents beat our estimate or the price drops.
Price is well above what the numbers support. Cash flow is negative at asking and break-even is about $51K lower.
Monthly cash flow
What's changing
Nothing curated for this city yet.
