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Minneapolis › Bryant

3952 Oakland Ave

Minneapolis, MN · Bryant · Listing office ↗ · Find the listing ↗

Far off
Asking price
$460,000
2 units · $230K per unit
Monthly cash flow
−$1,427
at 20% down, 7%
Estimated rent
$2,700/mo
rough estimate
Break-even price
$191,957
where cash flow hits $0

Adjust these numbers in the calculator See the full breakdown

The numbers

Down payment %
Offer
Management
Interest rate %

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

  • 2 bed / 1.5 bath (est.)$1,350 $1,150–$1,550
  • 2 bed / 1.5 bath (est.)$1,350 $1,150–$1,550

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
$460,000
Monthly cash flow
−$1,427
Cash to close
$105,800
Cap rate
2.7%
Cash-on-cash
−16.2%
DSCR
0.42×
GRM
14.2
Price per unit
$230,000
Price that breaks even
$191,957
Rent that breaks even
$4,529/mo
Cash flow turns positive
not within 30 years
Year 30: property vs stocks
$1.05M vs $2.09M

Monthly breakdown

Rent$2,700
Vacancy (6%)−$162
Collected$2,538
Property tax Public record−$657
Insurance Estimate−$198
Water, sewer, trash Estimate−$170
Lawn care ($120 × 6 mo ÷ 12)−$60
Repairs (8% of rent)−$216
Capital reserve (8% of rent)−$216
Net operating income$1,022
Mortgage (principal + interest)−$2,448
Cash flow−$1,427
Principal paid down (equity, not cash)$312

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 $1.05M, stocks $2.09M. Stocks win.

How those totals add up

Year 30
If you buy this building
Sale priceValue grows 3% a year from the price$1,116,541
Minus 6% selling cost−$66,992
Minus loan still owedTenants' rent paid down all $368,000 of principal by year 30$0
Plus rental profits, invested at 7%$0 of profit by year 30, before investment growth$0
What you'd walk away with$1,049,548
If you put the same money in stocks
Cash to close ($105,800) invested at 7%$805,377
Monthly shortfalls ($350,776 total by yr 30) investedThe money you'd have put into the building while it lost money$1,285,876
What you'd walk away with$2,091,253
Building minus stocks−$1,041,705

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

  • mediumAsking is $268,043 above the price where cash flow breaks even ($191,957) at the default scenario. Based on: Derived: price $460,000 vs. break-even $191,957

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 Public recordHennepin County record, current payable year (non-homestead)$7,879
Insurance / yr Estimateestimate. from units, square feet and age; get a quote$2,373
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 rate8% / 8%

County record Public record

Recorded asduplex
Living units2
Year built1941
Market value (2026)$414,900
Property tax$7,879
Special assessmentsnone
Homesteadno
Last sale2023-03-01 · $425,000

Source: Hennepin County parcel records.

City rental license

CHOWN: 2 unit(s), Tier 1, status active, renews 2027-03-01.

Nearest highway

I 35W, about 619 m away.

Crime in Bryant

102 incidents in the last 12 months (36 per 1,000 residents), −28% vs. the year before. Minneapolis police incidents, all reported offenses (definitions differ from St. Paul's, so don't compare across cities).

Status history