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1% Rule Quadplex in East Dallas

8005 Rothington Rd, Dallas
ROI
20.81% IRR
Strategy
Long Term Rental
1% Rule quadplex in East Dallas. Next to industrial district, business parks, and distribution centers 10 minutes from downtown. (2) units vacant, (2) leased for $1110 & $1148/mo expiring in November and December. 1983 quadplex with 2 bed, 1.5 bath units 1,021sf each. Two units vacant. One leased for $1148/mo expiring Nov 2023, one leased for $1110/mo expiring Dec 2023.

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1% Rule Quadplex in East Dallas

Listed 08/08/2023

8005 Rothington Rd, Dallas

Purchase Price:$560,000

Cash Outlay:$151,200

Cashflow:$486/mo

Cap Rate:7.19%

IRR:20.81%

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