Analysis of Potential Income of Triplex Upgrade in Minneapolis
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Community3-bed RentalHouse PriceTriplex RentalMortgageNet Income
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Camden$1,500$225,000$4,500$3,900$600
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Near North$1,500$175,000$4,500$3,600$900
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Northeast$1,800$250,000$5,400$4,000$1,400
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University$2,500$300,000$7,500$4,300$3,200
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Central$5,000$500,000$15,000$5,400$9,600
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Calhoun-Isles$2,500$450,000$7,500$5,100$2,400
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Phillips$1,500$200,000$4,500$3,800$700
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Powderhorn$2,000$250,000$6,000$4,000$2,000
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Longfellow
Only 2 houses for rent! Sample size too small
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Nokomis$1,800$225,000$5,400$3,900$1,500
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Southwest$2,500$500,000$7,500$5,400$2,100
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