New Prague
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
- 2
- Median price per unit
- $166K
- Typical cash flow
- −$254 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.
- 309 5th Ave NW serious flag −$8/mo
- 214 1st Ave NW serious flag −$501/mo
Best long-term
Year-30 wealth vs. the same money in stocks.
- 309 5th Ave NW serious flag 2.47× stocks
- 214 1st Ave NW serious flag 1.12× stocks
Value-add
Under-rented, needs work, or room to negotiate.
- 309 5th Ave NW serious flag Long time on market: room to negotiate.
Proceed with caution
Decent numbers, serious flags.
- 309 5th Ave NW No rents or expenses given, and the listing calls the cash flow 'immediate and stable' without a number
All listings
2 listings. Filter by price or units, or switch the down payment.
-
Close
309 5th Ave NW
$649,900 · 4 unitsCash flow −$8/mo Cap 6.4% Break-even price $648K Yr 30 vs stocks 2.47× Positive in yr 2Clean, low-maintenance-looking four-plex, but with no rents in the listing and a $650K ask, the price only works if actual rents beat our $1,525 estimate.
No rents or expenses given, and the listing calls the cash flow 'immediate and stable' without a number
-
Overpriced
214 1st Ave NW
$339,900 · 2 unitsCash flow −$501/mo Cap 4.6% Break-even price $246K Yr 30 vs stocks 1.12× Positive in yr 14Clean-looking brick side-by-side, but at $339,900 it loses money on our numbers and the listing gives no rents to prove otherwise.
No rents or lease details given, so income is unverified
Monthly cash flow
What's changing
Nothing curated for this city yet.