1912 Columbus Ave

Minneapolis, MN · Ventura Village · Find the listing ↗

Cash flows

Needs more info before these numbers mean much. The city's rental license covers 1 unit(s); this analysis counts 2.

Asking price: $278,000
Monthly cash flow: $135
Estimated rent: $3,300/mo
Break-even price: $303,390

Adjust these numbers in the calculator See the full breakdown

The numbers

Default: 20% down (no PMI), offer at asking, self-managed, 7.00% for 30 years, buyer pays closing costs (3%).

Estimated rent per unit Estimate

3 bed / 1.5 bath (est.)$1,650 $1,400–$1,900
3 bed / 1.5 bath (est.)$1,650 $1,400–$1,900

Rough screening estimate from bedroom count only ($750 + $300 per bedroom, ±15%). Not comparable-rental data; a RentCast estimate replaces it for the top candidates. Confidence: low.

Rent rules: No rent cap.

Price: $278,000
Monthly cash flow: $135
Cash to close: $63,940
Cap rate: 7.0%
Cash-on-cash: 2.5%
DSCR: 1.09×
GRM: 7.0
Price per unit: $139,000
Price that breaks even: $303,390
Rent that breaks even: $3,124/mo
Cash flow turns positive: year 1
Year 30: property vs stocks: $1.38M vs $487K

Monthly breakdown

Rent	$3,300
Vacancy (6%)	−$198
Collected	$3,102
Property tax Public record	−$479
Insurance Estimate	−$218
Water, sewer, trash Estimate	−$170
Lawn care ($120 × 6 mo ÷ 12)	−$60
Repairs (8% of rent)	−$264
Capital reserve (9% of rent)	−$297
Net operating income	$1,615
Mortgage (principal + interest)	−$1,480
Cash flow	$135
Principal paid down (equity, not cash)	$188

Cash flow each year

Rents +3%/yr, costs +3.5%/yr. Red bars are months you'd cover out of pocket.

30 years: this property vs. the same money in stocks

This propertyStocks at 7%

Year 30 (loan paid off): property $1.38M, stocks $487K. The property wins.

How those totals add up

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$674,779
Minus 6% selling cost	−$40,487
Minus loan still owedTenants' rent paid down all $250,200 of principal by year 30	$0
Plus rental profits, invested at 7%$276,826 of profit by year 30, before investment growth	$535,515
What you'd walk away with	$1,169,807
If you put the same money in stocks
Cash to close ($36,140) invested at 7%	$275,107
Monthly shortfalls ($6,687 total by yr 30) investedThe money you'd have put into the building while it lost money	$44,280
What you'd walk away with	$319,387
Building minus stocks	$850,420

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$674,779
Minus 6% selling cost	−$40,487
Minus loan still owedTenants' rent paid down all $250,200 of principal by year 30	$0
Plus rental profits, invested at 7%$137,542 of profit by year 30, before investment growth	$221,919
What you'd walk away with	$856,211
If you put the same money in stocks
Cash to close ($36,140) invested at 7%	$275,107
Monthly shortfalls ($26,788 total by yr 30) investedThe money you'd have put into the building while it lost money	$164,948
What you'd walk away with	$440,055
Building minus stocks	$416,156

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$650,506
Minus 6% selling cost	−$39,030
Minus loan still owedTenants' rent paid down all $241,200 of principal by year 30	$0
Plus rental profits, invested at 7%$295,508 of profit by year 30, before investment growth	$584,861
What you'd walk away with	$1,196,336
If you put the same money in stocks
Cash to close ($34,840) invested at 7%	$265,211
Monthly shortfalls ($3,543 total by yr 30) investedThe money you'd have put into the building while it lost money	$24,013
What you'd walk away with	$289,224
Building minus stocks	$907,112

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$650,506
Minus 6% selling cost	−$39,030
Minus loan still owedTenants' rent paid down all $241,200 of principal by year 30	$0
Plus rental profits, invested at 7%$153,121 of profit by year 30, before investment growth	$256,185
What you'd walk away with	$867,661
If you put the same money in stocks
Cash to close ($34,840) invested at 7%	$265,211
Monthly shortfalls ($20,541 total by yr 30) investedThe money you'd have put into the building while it lost money	$129,601
What you'd walk away with	$394,812
Building minus stocks	$472,849

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$674,779
Minus 6% selling cost	−$40,487
Minus loan still owedTenants' rent paid down all $222,400 of principal by year 30	$0
Plus rental profits, invested at 7%$344,229 of profit by year 30, before investment growth	$749,270
What you'd walk away with	$1,383,562
If you put the same money in stocks
Cash to close ($63,940) invested at 7%	$486,728
Monthly shortfalls ($0 total by yr 30) investedThe money you'd have put into the building while it lost money	$0
What you'd walk away with	$486,728
Building minus stocks	$896,834

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$674,779
Minus 6% selling cost	−$40,487
Minus loan still owedTenants' rent paid down all $222,400 of principal by year 30	$0
Plus rental profits, invested at 7%$189,162 of profit by year 30, before investment growth	$343,796
What you'd walk away with	$978,089
If you put the same money in stocks
Cash to close ($63,940) invested at 7%	$486,728
Monthly shortfalls ($4,319 total by yr 30) investedThe money you'd have put into the building while it lost money	$28,791
What you'd walk away with	$515,518
Building minus stocks	$462,571

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$650,506
Minus 6% selling cost	−$39,030
Minus loan still owedTenants' rent paid down all $214,400 of principal by year 30	$0
Plus rental profits, invested at 7%$363,389 of profit by year 30, before investment growth	$809,601
What you'd walk away with	$1,421,077
If you put the same money in stocks
Cash to close ($61,640) invested at 7%	$469,219
Monthly shortfalls ($0 total by yr 30) investedThe money you'd have put into the building while it lost money	$0
What you'd walk away with	$469,219
Building minus stocks	$951,858

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$650,506
Minus 6% selling cost	−$39,030
Minus loan still owedTenants' rent paid down all $214,400 of principal by year 30	$0
Plus rental profits, invested at 7%$205,987 of profit by year 30, before investment growth	$388,929
What you'd walk away with	$1,000,405
If you put the same money in stocks
Cash to close ($61,640) invested at 7%	$469,219
Monthly shortfalls ($1,983 total by yr 30) investedThe money you'd have put into the building while it lost money	$13,592
What you'd walk away with	$482,811
Building minus stocks	$517,594

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$674,779
Minus 6% selling cost	−$40,487
Minus loan still owedTenants' rent paid down all $208,500 of principal by year 30	$0
Plus rental profits, invested at 7%$377,520 of profit by year 30, before investment growth	$854,095
What you'd walk away with	$1,488,387
If you put the same money in stocks
Cash to close ($77,840) invested at 7%	$592,538
Monthly shortfalls ($0 total by yr 30) investedThe money you'd have put into the building while it lost money	$0
What you'd walk away with	$592,538
Building minus stocks	$895,849

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$674,779
Minus 6% selling cost	−$40,487
Minus loan still owedTenants' rent paid down all $208,500 of principal by year 30	$0
Plus rental profits, invested at 7%$218,947 of profit by year 30, before investment growth	$425,520
What you'd walk away with	$1,059,812
If you put the same money in stocks
Cash to close ($77,840) invested at 7%	$592,538
Monthly shortfalls ($812 total by yr 30) investedThe money you'd have put into the building while it lost money	$5,689
What you'd walk away with	$598,227
Building minus stocks	$461,585

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$650,506
Minus 6% selling cost	−$39,030
Minus loan still owedTenants' rent paid down all $201,000 of principal by year 30	$0
Plus rental profits, invested at 7%$395,484 of profit by year 30, before investment growth	$910,656
What you'd walk away with	$1,522,132
If you put the same money in stocks
Cash to close ($75,040) invested at 7%	$571,224
Monthly shortfalls ($0 total by yr 30) investedThe money you'd have put into the building while it lost money	$0
What you'd walk away with	$571,224
Building minus stocks	$950,908

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$650,506
Minus 6% selling cost	−$39,030
Minus loan still owedTenants' rent paid down all $201,000 of principal by year 30	$0
Plus rental profits, invested at 7%$236,118 of profit by year 30, before investment growth	$476,534
What you'd walk away with	$1,088,010
If you put the same money in stocks
Cash to close ($75,040) invested at 7%	$571,224
Monthly shortfalls ($20 total by yr 30) investedThe money you'd have put into the building while it lost money	$142
What you'd walk away with	$571,366
Building minus stocks	$516,644

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.

Red flags and opportunities

Watch for

highThe city's rental license covers 1 unit(s); this analysis counts 2. Public record: Minneapolis Active Rental Licenses: 1912 COLUMBUS AVE, units=1

Opportunities

The seller bought for $120,000 in Feb 2016, so they can take a lower offer and still come out well ahead. Public record: Hennepin County parcel 2602924330060: last sale 2016-02-01, $120,000
Long time on market: room to negotiate. Based on: Listing data: 113 days on market, 3 price cuts

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 Public recordHennepin County record, current payable year (non-homestead)	$5,743
Insurance / yr Estimateestimate. from units, square feet and age; get a quote	$2,612
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 1900: +1 pt capital reserve	8% / 9%

County record Public record

Recorded as	duplex
Living units	2
Year built	1900
Market value (2026)	$302,400
Property tax	$5,743
Special assessments	none
Homestead	no
Last sale	2016-02-01 · $120,000

Source: Hennepin County parcel records.

City rental license

CONV: 1 unit(s), Tier 1, status active, renews 2027-03-01.

Nearest highway

I 94;MN 55, about 220 m away.

Crime in Ventura Village

505 incidents in the last 12 months (72 per 1,000 residents), −2% vs. the year before. Minneapolis police incidents, all reported offenses (definitions differ from St. Paul's, so don't compare across cities).

Status history

2026-06-11Price cut at $278,000 (was $320,000) · from listing history
2026-02-02Price cut at $320,000 (was $325,000) · from listing history
2025-10-09Price cut at $325,000 (was $345,000) · from listing history
2026-06-11New at $278,000