210 E Thompson St

Cash flows

30 photos

Photos, via Realtor.com.

Asking price: $194,900
Monthly cash flow: $50
Estimated rent: $2,250/mo
Break-even price: $204,230

Adjust the numbers See the full breakdown

From the listing

Up-and-down-duplex. Main floor has 3 bedrooms & a full bath; An additional bedroom with egress is located in basement. Main floor has been freshly painted, has maple floors and has a pantry. Currently the main floor is vacant. It was last rented for $1,670 per month. Owner pays gas, electric, water-sewer. Central air for main floor. Upstairs unit has 1 bedroom w/stove, refrigerator. Window air conditioner. Current rent up is $925/month. Basement has 4th bedroom w/egress window. Owner pays gas, electric & water/sewer/trash. New shingles fall of 2023. 2 off-street parking spaces for main floor. 100 Amp service. Siding, back steps & many windows replaced 2007. 2 storage sheds. Good rental history! Good potential for owner occuppied purchase!

Description from Realtor.com, MLS #267040960. 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: $194,900
Cash to close: $44,827
Price per unit: $97,450
GRM: 7.2

Each month

Cash flow: $50/mo
Cash-on-cash: 1.3%
Cap rate: 6.7%
DSCR: 1.05×

Break-even

Price that breaks even: $204,230
Rent that breaks even: $2,186/mo

Long run

Year 30: property vs stocks: $898K vs $341K
Cash flow turns positive: year 1

Monthly

Monthly breakdown

Rent	$2,250
Vacancy (6%)	−$135
Collected	$2,115
Property tax Listing	−$254
Insurance Estimate	−$184
Water, sewer, trash Estimate	−$170
Lawn care ($120 × 6 mo ÷ 12)	−$60
Repairs (8% of rent)	−$180
Capital reserve (8% of rent)	−$180
Net operating income	$1,087
Mortgage (principal + interest)	−$1,037
Cash flow	$50
Principal paid down (equity, not cash)	$132

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	$473,073
Minus 6% selling cost	−$28,384
Minus loan still owedTenants' rent paid down all $175,410 of principal by year 30	$0
Plus rental profits, invested at 7%$169,704 of profit by year 30, before investment growth	$318,192
What you'd walk away with	$762,881
If you put the same money in stocks
Cash to close ($25,337) invested at 7%	$192,872
Monthly shortfalls ($6,958 total by yr 30) investedThe money you'd have put into the building while it lost money	$45,639
What you'd walk away with	$238,511
Building minus stocks	$524,370

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$473,073
Minus 6% selling cost	−$28,384
Minus loan still owedTenants' rent paid down all $175,410 of principal by year 30	$0
Plus rental profits, invested at 7%$78,251 of profit by year 30, before investment growth	$120,605
What you'd walk away with	$565,294
If you put the same money in stocks
Cash to close ($25,337) invested at 7%	$192,872
Monthly shortfalls ($24,177 total by yr 30) investedThe money you'd have put into the building while it lost money	$144,141
What you'd walk away with	$337,013
Building minus stocks	$228,281

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$448,801
Minus 6% selling cost	−$26,928
Minus loan still owedTenants' rent paid down all $166,410 of principal by year 30	$0
Plus rental profits, invested at 7%$188,386 of profit by year 30, before investment growth	$367,538
What you'd walk away with	$789,411
If you put the same money in stocks
Cash to close ($24,037) invested at 7%	$182,976
Monthly shortfalls ($3,814 total by yr 30) investedThe money you'd have put into the building while it lost money	$25,372
What you'd walk away with	$208,348
Building minus stocks	$581,063

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$448,801
Minus 6% selling cost	−$26,928
Minus loan still owedTenants' rent paid down all $166,410 of principal by year 30	$0
Plus rental profits, invested at 7%$92,831 of profit by year 30, before investment growth	$150,891
What you'd walk away with	$572,764
If you put the same money in stocks
Cash to close ($24,037) invested at 7%	$182,976
Monthly shortfalls ($16,931 total by yr 30) investedThe money you'd have put into the building while it lost money	$104,814
What you'd walk away with	$287,790
Building minus stocks	$284,974

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$473,073
Minus 6% selling cost	−$28,384
Minus loan still owedTenants' rent paid down all $155,920 of principal by year 30	$0
Plus rental profits, invested at 7%$214,689 of profit by year 30, before investment growth	$453,456
What you'd walk away with	$898,145
If you put the same money in stocks
Cash to close ($44,827) invested at 7%	$341,235
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	$341,235
Building minus stocks	$556,910

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$473,073
Minus 6% selling cost	−$28,384
Minus loan still owedTenants' rent paid down all $155,920 of principal by year 30	$0
Plus rental profits, invested at 7%$111,762 of profit by year 30, before investment growth	$194,228
What you'd walk away with	$638,917
If you put the same money in stocks
Cash to close ($44,827) invested at 7%	$341,235
Monthly shortfalls ($5,745 total by yr 30) investedThe money you'd have put into the building while it lost money	$36,861
What you'd walk away with	$378,096
Building minus stocks	$260,821

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$448,801
Minus 6% selling cost	−$26,928
Minus loan still owedTenants' rent paid down all $147,920 of principal by year 30	$0
Plus rental profits, invested at 7%$233,849 of profit by year 30, before investment growth	$513,787
What you'd walk away with	$935,660
If you put the same money in stocks
Cash to close ($42,527) invested at 7%	$323,726
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	$323,726
Building minus stocks	$611,934

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$448,801
Minus 6% selling cost	−$26,928
Minus loan still owedTenants' rent paid down all $147,920 of principal by year 30	$0
Plus rental profits, invested at 7%$127,651 of profit by year 30, before investment growth	$234,274
What you'd walk away with	$656,147
If you put the same money in stocks
Cash to close ($42,527) invested at 7%	$323,726
Monthly shortfalls ($2,474 total by yr 30) investedThe money you'd have put into the building while it lost money	$16,576
What you'd walk away with	$340,302
Building minus stocks	$315,845

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$473,073
Minus 6% selling cost	−$28,384
Minus loan still owedTenants' rent paid down all $146,175 of principal by year 30	$0
Plus rental profits, invested at 7%$238,029 of profit by year 30, before investment growth	$526,947
What you'd walk away with	$971,636
If you put the same money in stocks
Cash to close ($54,572) invested at 7%	$415,416
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	$415,416
Building minus stocks	$556,220

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$473,073
Minus 6% selling cost	−$28,384
Minus loan still owedTenants' rent paid down all $146,175 of principal by year 30	$0
Plus rental profits, invested at 7%$131,273 of profit by year 30, before investment growth	$243,841
What you'd walk away with	$688,530
If you put the same money in stocks
Cash to close ($54,572) invested at 7%	$415,416
Monthly shortfalls ($1,916 total by yr 30) investedThe money you'd have put into the building while it lost money	$12,984
What you'd walk away with	$428,400
Building minus stocks	$260,130

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$448,801
Minus 6% selling cost	−$26,928
Minus loan still owedTenants' rent paid down all $138,675 of principal by year 30	$0
Plus rental profits, invested at 7%$255,992 of profit by year 30, before investment growth	$583,507
What you'd walk away with	$1,005,380
If you put the same money in stocks
Cash to close ($51,772) invested at 7%	$394,102
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	$394,102
Building minus stocks	$611,278

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$448,801
Minus 6% selling cost	−$26,928
Minus loan still owedTenants' rent paid down all $138,675 of principal by year 30	$0
Plus rental profits, invested at 7%$147,660 of profit by year 30, before investment growth	$289,826
What you'd walk away with	$711,698
If you put the same money in stocks
Cash to close ($51,772) invested at 7%	$394,102
Monthly shortfalls ($340 total by yr 30) investedThe money you'd have put into the building while it lost money	$2,407
What you'd walk away with	$396,509
Building minus stocks	$315,189

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 $898K, stocks $341K. 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 $1,400/mo · range $1,200–$1,625 · 9 rentals within 2.5 mi

Address	Rent	Bd / Ba	Sq ft	Distance	Listed	Type
920 Patriot Dr, Mankato	$1,395	3 / 1.5	1,285	1.0 mi	2026-05-15	Apartment
1027 E Main St Unit 2, Mankato	$1,200	3 / 1	995	1.3 mi	2025-07-15	Duplex triplex
120 Locust St Apt 7, Mankato	$1,148	3 / 2	—	1.3 mi	2024-05-02	Apartment
117 Cherry St, Mankato	$1,640	3 / 1	950	1.4 mi	2026-06-20	Apartment
200 Briargate Rd, Mankato	$1,719	3 / 2	1,285	1.9 mi	2025-08-05	Apartment
140 Homestead Rd, Mankato	$1,208	3 / 1	1,054	2.0 mi	2026-04-03	Apartment
701 S Victory Dr, Mankato	$1,199	3 / 1	925	2.3 mi	2026-08-10	Apartment
226 Marcy /Lower 3 Bed St Unit Main, Mankato	$1,485	3 / 1	1,402	2.3 mi	2025-03-25	Apartment
340 Stadium Rd, Mankato	$1,600	3 / 1	1,025	2.3 mi	2026-03-07	Apartment

1 bed estimate $850/mo · range $725–$1,075 · 15 rentals within 1.5 mi

Address	Rent	Bd / Ba	Sq ft	Distance	Listed	Type
405 N 5th St, Mankato	$1,075	1 / 1	576	0.8 mi	2025-01-03	Apartment
914 Lyndale St, North Mankato	$724	1 / 1	400	0.9 mi	2026-08-06	Apartment
308 N Broad St, Mankato	$870	1 / 1	509	0.9 mi	2026-09-26	Apartment
931 Madison Ave, Mankato	$1,150	1 / 1	650	0.9 mi	2026-07-02	Apartment
920 Patriot Dr, Mankato	$830	1 / 1	736	1.0 mi	2026-05-15	Apartment
102 S 5th St, Mankato	$550	1 / 1	132	1.1 mi	2026-05-28	Apartment
112 S 5th St Unit Upper, Mankato	$850	1 / 1	700	1.1 mi	2025-09-18	Apartment
322 E Walnut St, Mankato	$774	1 / 1	446	1.1 mi	2026-03-21	Apartment
325 Belgrade Ave, North Mankato	$775	1 / 1	318	1.2 mi	2026-06-30	Apartment
109 Hanover St, Mankato	$680	1 / 1	350	1.2 mi	2026-07-18	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 210 THOMPSON ST E

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.	$3,042
Insurance / yr Estimateestimate. from units, square feet and age; get a quote	$2,214
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%

Status history

2026-07-20Price cut at $194,900 (was $229,000) · from listing history
2026-07-20New at $194,900

From the listing Listing

Listed as	multi-family
Property tax, 2026	$3,042
County	Blue Earth County
Parcel number	R01-09-08-104-017

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 Mankato on rental licensing before you buy.