297 US 10

Cash flows

44 photos

Photos courtesy of Keller Williams Classic Realty Northwest, via Realtor.com.

Asking price: $179,900
Monthly cash flow: $830
Estimated rent: $3,400/mo
Break-even price: $335,901

Adjust the numbers See the full breakdown

From the listing

Cash flow in the country! This fully occupied triplex in Motley offers a strong start-or addition-to any real estate portfolio. The property features a brand-new roof and three well-maintained units, each with separately metered gas and electric paid by the tenants, giving you immediate, worry-free income from day one. There's also an opportunity for an owner-occupant buyer, with units available that allow you to move in with a low down payment and live for little to no cost while building long-term equity Two 1 bed units rented at $750, the 4 bedroom unit rented for $1250. The property has 2 garage units included with the apartments rent, and 1 garage + 3 additional storage units for additional income! Storage leases in place for $240/MO on 3 of the 4 additional storage units, with one vacant storage unit to be leased. Collecting almost $3,100 in total monthly income.

Listing courtesy of Keller Williams Classic Realty Northwest (Michael Moe). Description from Realtor.com, MLS #7046334. 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: $179,900
Cash to close: $41,377
Price per unit: $59,967
GRM: 4.4

Each month

Cash flow: $830/mo
Cash-on-cash: 24.1%
Cap rate: 11.9%
DSCR: 1.87×

Break-even

Price that breaks even: $335,901
Rent that breaks even: $2,322/mo

Long run

Year 30: property vs stocks: $2.03M vs $315K
Cash flow turns positive: year 1

Monthly

Monthly breakdown

Rent	$3,400
Vacancy (6%)	−$204
Collected	$3,196
Property tax Listing	−$229
Insurance Estimate	−$286
Water, sewer, trash Estimate	−$255
Lawn care ($120 × 6 mo ÷ 12)	−$60
Repairs (8% of rent)	−$272
Capital reserve (9% of rent)	−$306
Net operating income	$1,788
Mortgage (principal + interest)	−$958
Cash flow	$830
Principal paid down (equity, not cash)	$122

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	$436,665
Minus 6% selling cost	−$26,200
Minus loan still owedTenants' rent paid down all $161,910 of principal by year 30	$0
Plus rental profits, invested at 7%$587,700 of profit by year 30, before investment growth	$1,452,135
What you'd walk away with	$1,862,600
If you put the same money in stocks
Cash to close ($23,387) invested at 7%	$178,028
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	$178,028
Building minus stocks	$1,684,572

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$436,665
Minus 6% selling cost	−$26,200
Minus loan still owedTenants' rent paid down all $161,910 of principal by year 30	$0
Plus rental profits, invested at 7%$423,485 of profit by year 30, before investment growth	$1,004,712
What you'd walk away with	$1,415,176
If you put the same money in stocks
Cash to close ($23,387) invested at 7%	$178,028
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	$178,028
Building minus stocks	$1,237,148

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$412,392
Minus 6% selling cost	−$24,744
Minus loan still owedTenants' rent paid down all $152,910 of principal by year 30	$0
Plus rental profits, invested at 7%$609,526 of profit by year 30, before investment growth	$1,521,748
What you'd walk away with	$1,909,396
If you put the same money in stocks
Cash to close ($22,087) invested at 7%	$168,132
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	$168,132
Building minus stocks	$1,741,264

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$412,392
Minus 6% selling cost	−$24,744
Minus loan still owedTenants' rent paid down all $152,910 of principal by year 30	$0
Plus rental profits, invested at 7%$445,311 of profit by year 30, before investment growth	$1,074,325
What you'd walk away with	$1,461,973
If you put the same money in stocks
Cash to close ($22,087) invested at 7%	$168,132
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	$168,132
Building minus stocks	$1,293,841

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$436,665
Minus 6% selling cost	−$26,200
Minus loan still owedTenants' rent paid down all $143,920 of principal by year 30	$0
Plus rental profits, invested at 7%$635,645 of profit by year 30, before investment growth	$1,619,115
What you'd walk away with	$2,029,580
If you put the same money in stocks
Cash to close ($41,377) invested at 7%	$314,972
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	$314,972
Building minus stocks	$1,714,608

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$436,665
Minus 6% selling cost	−$26,200
Minus loan still owedTenants' rent paid down all $143,920 of principal by year 30	$0
Plus rental profits, invested at 7%$471,430 of profit by year 30, before investment growth	$1,171,692
What you'd walk away with	$1,582,157
If you put the same money in stocks
Cash to close ($41,377) invested at 7%	$314,972
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	$314,972
Building minus stocks	$1,267,185

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$412,392
Minus 6% selling cost	−$24,744
Minus loan still owedTenants' rent paid down all $135,920 of principal by year 30	$0
Plus rental profits, invested at 7%$654,806 of profit by year 30, before investment growth	$1,679,446
What you'd walk away with	$2,067,095
If you put the same money in stocks
Cash to close ($39,077) invested at 7%	$297,464
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	$297,464
Building minus stocks	$1,769,631

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$412,392
Minus 6% selling cost	−$24,744
Minus loan still owedTenants' rent paid down all $135,920 of principal by year 30	$0
Plus rental profits, invested at 7%$490,590 of profit by year 30, before investment growth	$1,232,023
What you'd walk away with	$1,619,671
If you put the same money in stocks
Cash to close ($39,077) invested at 7%	$297,464
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	$297,464
Building minus stocks	$1,322,207

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$436,665
Minus 6% selling cost	−$26,200
Minus loan still owedTenants' rent paid down all $134,925 of principal by year 30	$0
Plus rental profits, invested at 7%$657,189 of profit by year 30, before investment growth	$1,686,950
What you'd walk away with	$2,097,415
If you put the same money in stocks
Cash to close ($50,372) invested at 7%	$383,445
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	$383,445
Building minus stocks	$1,713,970

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$436,665
Minus 6% selling cost	−$26,200
Minus loan still owedTenants' rent paid down all $134,925 of principal by year 30	$0
Plus rental profits, invested at 7%$492,974 of profit by year 30, before investment growth	$1,239,527
What you'd walk away with	$1,649,991
If you put the same money in stocks
Cash to close ($50,372) invested at 7%	$383,445
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	$383,445
Building minus stocks	$1,266,546

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$412,392
Minus 6% selling cost	−$24,744
Minus loan still owedTenants' rent paid down all $127,425 of principal by year 30	$0
Plus rental profits, invested at 7%$675,152 of profit by year 30, before investment growth	$1,743,511
What you'd walk away with	$2,131,159
If you put the same money in stocks
Cash to close ($47,572) invested at 7%	$362,130
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	$362,130
Building minus stocks	$1,769,029

	Year 30
If you buy this building
Sale priceValue grows 3% a year from the price	$412,392
Minus 6% selling cost	−$24,744
Minus loan still owedTenants' rent paid down all $127,425 of principal by year 30	$0
Plus rental profits, invested at 7%$510,937 of profit by year 30, before investment growth	$1,296,087
What you'd walk away with	$1,683,736
If you put the same money in stocks
Cash to close ($47,572) invested at 7%	$362,130
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	$362,130
Building minus stocks	$1,321,606

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 $2.03M, stocks $315K. 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.

2 bed estimate $1,200/mo · range $975–$1,400 · 465 rentals across Greater Minnesota

Address	Rent	Bd / Ba	Sq ft	Distance	Listed	Type
919 5th St NE Apt 4, Staples	$875	2 / 1	700	7.3 mi	2026-09-25	Apartment
12858 Woodfern Ln, Pillager	$1,435	2 / 2	1,264	10.1 mi	2026-06-05	Apartment
Buffalo Hills Ln E, Brainerd	$1,250	2 / 2	—	21.1 mi	2026-08-12	Apartment
922 Broadway St, Brainerd	$995	2 / 1	—	21.5 mi	2026-03-04	Apartment
916 S 8th St, Brainerd	$1,060	2 / 1	776	21.5 mi	2024-04-15	Apartment
1509 Norwood St, Brainerd	$895	2 / 1	—	22.0 mi	2026-09-07	Apartment
2100 Breilly Ct Unit 2219, Brainerd	$1,449	2 / 1	—	22.4 mi	—	Apartment
623 28th St SE, Brainerd	$1,550	2 / 2	964	22.9 mi	2026-02-05	Apartment
941 28th St SE, Brainerd	$1,550	2 / 2	964	22.9 mi	—	Apartment
12383 State Highway 210, Brainerd	$675	2 / 1	—	24.5 mi	2026-04-03	Apartment

1 bed estimate $1,000/mo · range $850–$1,300 · 357 rentals across Greater Minnesota

Address	Rent	Bd / Ba	Sq ft	Distance	Listed	Type
101 SW Thompson St, Verndale	$890	1 / 1	550	18.2 mi	2025-10-10	Apartment
616 1/2 Front St, Brainerd	$625	1 / 1	—	21.4 mi	2026-07-28	Apartment
214 S 8th St, Brainerd	$620	1 / 1	—	21.5 mi	2025-09-05	Apartment
222 1st Ave NE Apt 5, Eagle Bend	$895	1 / 1	550	21.9 mi	2026-04-20	Apartment
109 4th Ave N Apt 7, Parkers Prairie	$861	1 / 1	550	34.7 mi	2026-06-17	Apartment
109 N 4th Ave, Parkers Prairie	$861	1 / 1	550	34.7 mi	2026-06-17	Apartment
105 Edgewood St, New York Mills	$730	1 / —	550	36.9 mi	2023-12-08	Apartment
124 4th Ave, Miltona	$800	1 / 1	650	36.9 mi	2026-02-06	Apartment
917 4th Ave E, Alexandria	$1,405	1 / 1	802	46.2 mi	2026-06-30	Apartment
305 4th Ave E Apt 7, Alexandria	$900	1 / 1	—	46.5 mi	—	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 297 US 10

Opportunities

Long time on market: room to negotiate. Based on: Listing data: 186 days on market, 1 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 Listinglisting, tax year 2025. 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.	$2,752
Insurance / yr Estimateestimate. from units, square feet and age; get a quote	$3,430
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 1918: +1 pt capital reserve	8% / 9%

Status history

2026-04-02Price cut at $179,900 (was $240,000) · from listing history
2026-04-02New at $179,900

From the listing Listing

Listed as	triplex
Property tax, 2025	$2,752
County	Morrison
Parcel number	410129000

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 Motley on rental licensing before you buy.