🚫 We are no longer accepting BRRRR, Fix/Flip, or Wholesale clients

“1% Rule” Duplex with Value-Add Potential

2356 Beverly Ave, Fort Worth

ROI

22.4% IRR

Strategy

Long Term Rental

Duplex hitting the 1% rule with value-add and cashflow potential. Two 736 sq ft 2 bed 1 bath units built in 1948. Separate utilities, roof approximately 7 years old. One side is vacant, other is rented month-to-month for $900 per month with a Section 8 voucher and 90 day move out notice.

Enter your email to download the proforma

< Back to Daily Deals

“1% Rule” Duplex with Value-Add Potential

Listed 02/20/2023

Download the report Talk to an agent

2356 Beverly Ave, Fort Worth

Purchase Price:$224,200

Cash Outlay:$70,534

Cashflow:$420/mo

Cap Rate:7.45%

IRR:22.40%

Talk to an agent about this property

Get a response in less than 24 hours.

Message

See other properties

Long Term Rental

Killeen Fully Occupied Quadplex $325k

1108 Eastside Dr, Killeen

Purchase Price:$325,000

Cash Outlay:$87,750

Cashflow:$587/mo

Cap Rate:8.06%

IRR:21.14%

Long Term Rental

Houston Occupied Duplex $335k

4340 Phlox St, Houston

Purchase Price:$335,000

Cash Outlay:$90,450

Cashflow:$731/mo

Cap Rate:8.46%

IRR:23.54%

Long Term Rental

Dallas Turnkey Duplex $415k

312 California Dr, Glenn Heights

Purchase Price:$415,000

Cash Outlay:$112,050

Cashflow:$274/mo

Cap Rate:6.63%

IRR:14.68%

Long Term Rental

Fort Worth Quadplex $500k

3204 McLean St, Fort Worth

Purchase Price:$500,000

Cash Outlay:$135,000

Cashflow:$667/mo

Cap Rate:7.44%

IRR:18.59%

Long Term Rental

Fort Worth 1% Rule Duplex $320k

8521 Gatlinburg Dr, Fort Worth

Purchase Price:$320,000

Cash Outlay:$86,400

Cashflow:$566/mo

Cap Rate:7.96%

IRR:21.12%

Long Term Rental

Fort Worth 1% Rule Duplex $325k

3411 Stonewall Ln, Fort Worth

Purchase Price:$325,000

Cash Outlay:$87,750

Cashflow:$491/mo

Cap Rate:7.65%

IRR:19.63%