5745 Sander Dr Financials
Unit |
Beds |
Baths |
Current |
Expiration |
Market |
| 1 | 1 | 1 | $935 | Month To Month | $930 - $1,076 |
| 2 | 2 | 1 | $1,030 | Month To Month |
$1,273 - $1,427 |
| 3 | 2 | 1 | $990 | Month To Month |
$1,273 - $1,427 |
| 4 | 2 | 1 | $1,030* | Month To Month |
$1,273 - $1,427 |
| Total | 7 | 4 | $3,985 | $4,749 - $5,357 |
*Unit 4 is currently vacant but would easily rent for $1,030 +
Laundry machines are owned and bring in an additional $1,500 - $2,500 per year. Loads are $2.25 each
Expenses |
Annually |
Monthly |
Notes |
| Taxes | $5,511 | $459 |
based on 2021 assessed value is $324,500 2022 assessed value is $395,100 |
| Insurance | $2,562 | $214 | |
| Rental License | $180 | $15 | Tier 1 License - Fee is paid annually. |
| Utilities: Gas | $1,751 | $146 | 1 Boiler Heater for building |
| Utilities: Electricity | $446 | $37 |
Common area lights and laundry machines. Tenants pay their own electricity bill for lights and stove |
| Utilities: Water / Trash | $3,442 | $287 | City of Minneapolis |
| Property Management | $1,927 | $161 | Property Is Currently Self-managed |
| Leasing / Advertising | $504 | $42 | Property Is Currently Self-managed |
| Maintenance & Turnover | $9,707 | $809 | Actual expenses will vary based on management style and building needs. |
| Total | $26,030 | $2,170 |
Information is deemed reliable but not guaranteed. Buyer and Buyer's agent to verify all details.
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