“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.

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“1% Rule” Duplex with Value-Add Potential

Listed 02/20/2023

2356 Beverly Ave, Fort Worth

Purchase Price:$224,200

Cash Outlay:$70,534

Cashflow:$420/mo

Cap Rate:7.45%

IRR:22.40%

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