207 Bridge St S

Cash flows

25 photos

Photos courtesy of NRT-Minnesota (CB Burnet), via Realtor.com.

Asking price: $362,500
Monthly cash flow: $516
Estimated rent: $4,425/mo
Break-even price: $459,456

Adjust the numbers See the full breakdown

From the listing

Are you looking for a property where you can live and invest at the same time? This 3-unit property is currently fully rented, with each unit generating $1,200 per month, utilities included. The property also offers additional space with potential to expand the square footage. Two of the units were remodeled in 2024, and the lower-level unit was remodeled in 2025. Maintenance expenses have historically been minimal, as the seller is a handyman and personally handles most maintenance and minor repairs. A great opportunity for an owner-occupant or investor!

Listing courtesy of NRT-Minnesota (CB Burnet) (Jessenia Guzman-melendez). Description from Realtor.com, MLS #7133826. Believed reliable but not guaranteed; confirm with the listing agent. View on Realtor.com ↗

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: $362,500
Cash to close: $83,375
Price per unit: $120,833
GRM: 6.8

Each month

Cash flow: $516/mo
Cash-on-cash: 7.4%
Cap rate: 8.1%
DSCR: 1.27×

Break-even

Price that breaks even: $459,456
Rent that breaks even: $3,728/mo

Long run

Year 30: property vs stocks: $2.37M vs $635K
Cash flow turns positive: year 1

Monthly

Monthly breakdown

Rent	$4,425
Vacancy (6%)	−$266
Collected	$4,160
Property tax Listing	−$159
Insurance Estimate	−$355
Water, sewer, trash Estimate	−$255
Lawn care ($120 × 6 mo ÷ 12)	−$60
Repairs (10% of rent)	−$442
Capital reserve (10% of rent)	−$442
Net operating income	$2,445
Mortgage (principal + interest)	−$1,929
Cash flow	$516
Principal paid down (equity, not cash)	$245

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

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$879,883
Minus 6% selling cost	−$52,793
Minus loan still owedTenants' rent paid down all $326,250 of principal by year 30	$0
Plus rental profits, invested at 7%$564,649 of profit by year 30, before investment growth	$1,204,018
What you'd walk away with	$2,031,108
If you put the same money in stocks
Cash to close ($47,125) invested at 7%	$358,728
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	$358,728
Building minus stocks	$1,672,380

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$879,883
Minus 6% selling cost	−$52,793
Minus loan still owedTenants' rent paid down all $326,250 of principal by year 30	$0
Plus rental profits, invested at 7%$361,239 of profit by year 30, before investment growth	$689,731
What you'd walk away with	$1,516,821
If you put the same money in stocks
Cash to close ($47,125) invested at 7%	$358,728
Monthly shortfalls ($10,311 total by yr 30) investedThe money you'd have put into the building while it lost money	$68,021
What you'd walk away with	$426,749
Building minus stocks	$1,090,072

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$855,610
Minus 6% selling cost	−$51,337
Minus loan still owedTenants' rent paid down all $317,250 of principal by year 30	$0
Plus rental profits, invested at 7%$586,475 of profit by year 30, before investment growth	$1,273,631
What you'd walk away with	$2,077,905
If you put the same money in stocks
Cash to close ($45,825) invested at 7%	$348,832
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	$348,832
Building minus stocks	$1,729,073

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$855,610
Minus 6% selling cost	−$51,337
Minus loan still owedTenants' rent paid down all $317,250 of principal by year 30	$0
Plus rental profits, invested at 7%$379,920 of profit by year 30, before investment growth	$739,077
What you'd walk away with	$1,543,350
If you put the same money in stocks
Cash to close ($45,825) invested at 7%	$348,832
Monthly shortfalls ($7,167 total by yr 30) investedThe money you'd have put into the building while it lost money	$47,754
What you'd walk away with	$396,586
Building minus stocks	$1,146,764

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$879,883
Minus 6% selling cost	−$52,793
Minus loan still owedTenants' rent paid down all $290,000 of principal by year 30	$0
Plus rental profits, invested at 7%$661,259 of profit by year 30, before investment growth	$1,540,485
What you'd walk away with	$2,367,575
If you put the same money in stocks
Cash to close ($83,375) invested at 7%	$634,672
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	$634,672
Building minus stocks	$1,732,903

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$879,883
Minus 6% selling cost	−$52,793
Minus loan still owedTenants' rent paid down all $290,000 of principal by year 30	$0
Plus rental profits, invested at 7%$447,537 of profit by year 30, before investment growth	$958,176
What you'd walk away with	$1,785,266
If you put the same money in stocks
Cash to close ($83,375) invested at 7%	$634,672
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	$634,672
Building minus stocks	$1,150,594

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$855,610
Minus 6% selling cost	−$51,337
Minus loan still owedTenants' rent paid down all $282,000 of principal by year 30	$0
Plus rental profits, invested at 7%$680,419 of profit by year 30, before investment growth	$1,600,816
What you'd walk away with	$2,405,089
If you put the same money in stocks
Cash to close ($81,075) invested at 7%	$617,164
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	$617,164
Building minus stocks	$1,787,925

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$855,610
Minus 6% selling cost	−$51,337
Minus loan still owedTenants' rent paid down all $282,000 of principal by year 30	$0
Plus rental profits, invested at 7%$466,698 of profit by year 30, before investment growth	$1,018,508
What you'd walk away with	$1,822,781
If you put the same money in stocks
Cash to close ($81,075) invested at 7%	$617,164
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	$617,164
Building minus stocks	$1,205,617

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$879,883
Minus 6% selling cost	−$52,793
Minus loan still owedTenants' rent paid down all $271,875 of principal by year 30	$0
Plus rental profits, invested at 7%$704,670 of profit by year 30, before investment growth	$1,677,173
What you'd walk away with	$2,504,262
If you put the same money in stocks
Cash to close ($101,500) invested at 7%	$772,644
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	$772,644
Building minus stocks	$1,731,618

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$879,883
Minus 6% selling cost	−$52,793
Minus loan still owedTenants' rent paid down all $271,875 of principal by year 30	$0
Plus rental profits, invested at 7%$490,948 of profit by year 30, before investment growth	$1,094,864
What you'd walk away with	$1,921,954
If you put the same money in stocks
Cash to close ($101,500) invested at 7%	$772,644
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	$772,644
Building minus stocks	$1,149,310

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$855,610
Minus 6% selling cost	−$51,337
Minus loan still owedTenants' rent paid down all $264,375 of principal by year 30	$0
Plus rental profits, invested at 7%$722,633 of profit by year 30, before investment growth	$1,733,733
What you'd walk away with	$2,538,007
If you put the same money in stocks
Cash to close ($98,700) invested at 7%	$751,330
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	$751,330
Building minus stocks	$1,786,677

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$855,610
Minus 6% selling cost	−$51,337
Minus loan still owedTenants' rent paid down all $264,375 of principal by year 30	$0
Plus rental profits, invested at 7%$508,912 of profit by year 30, before investment growth	$1,151,425
What you'd walk away with	$1,955,698
If you put the same money in stocks
Cash to close ($98,700) invested at 7%	$751,330
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	$751,330
Building minus stocks	$1,204,368

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

This propertyStocks at 7%

Year 30 (loan paid off): property $2.37M, stocks $635K. The property wins.

Comparable rentals

The closest rental listings with each unit's bedroom count, as of 2026-10-04. The estimate is the median asking rent of every rental we found nearby (the count is shown for each); houses are left out. Asking rents from Realtor.com rental listings, not signed leases.

3 bed estimate $1,475/mo · range $1,275–$1,700 · 141 rentals across Greater Minnesota

Address	Rent	Bd / Ba	Sq ft	Distance	Listed	Type
1400 8th St NE, Staples	$800	3 / 1	—	18.5 mi	2026-03-06	Apartment
3904 County Road 42 NE Unit Ne, Alexandria	$1,650	3 / 1	—	24.1 mi	—	Apartment
1805 7th Ave E, Alexandria	$1,595	3 / 1	950	25.5 mi	2025-01-07	Apartment
122 City Park Rd, Alexandria	$1,300	3 / 1	—	25.7 mi	—	Apartment
411 Elm St Apt 3, Alexandria	$1,500	3 / 2	—	26.5 mi	—	Apartment
1717 Nokomis St Apt C, Alexandria	$950	3 / 1	—	26.7 mi	—	Apartment
1721 Nokomis St Apt 2, Alexandria	$950	3 / 1	—	26.7 mi	—	Apartment
4727 Arbor Xing SE Apt 207, Alexandria	$1,755	3 / 2	1,311	27.3 mi	—	Apartment
3703 S Broadway St Apt 401, Alexandria	$1,785	3 / 2	—	27.8 mi	—	Apartment
14306 Forest Dr, Baxter	$2,355	3 / 2.5	1,415	37.0 mi	2026-05-19	Apartment

On the maps, this property and comparable rentals. Comparable rentals and rent estimate: Realtor.com rental listings. Rents are asking rents from listings; check them against the actual leases.

Red flags and opportunities

Watch for

mediumCouldn't match this address to a county parcel record, so taxes and unit count are unverified. Public record: County parcels: no match for 207 BRIDGE ST S

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.	$1,912
Insurance / yr Estimateestimate. from units, square feet and age; get a quote	$4,257
Water, sewer, trash / mo Estimateestimate. $85/unit/mo, owner-paid	$255
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 1910: +1 pt capital reserve; 9 bedrooms: +1 pt repairs for wear; "handyman" in the description: +2 pts each	10% / 10%

Status history

2026-09-02New at $362,500

From the listing Listing

Listed as	triplex
Property tax, 2026	$1,912
County	Todd
Parcel number	320026301

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 Clarissa on rental licensing before you buy.