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2006 Built Duplex with Strong Cashflow Near TCU and Medical District

3107 8th Ave, Fort Worth
ROI
21.21% IRR
Strategy
Long Term Rental
2006 built duplex with strong cashflow near TCU and medical district. 3 bed units each leased for $1425/mo expiring 10/23 and 4/24, market rates are $1750-1850. Single story duplex built in 2006 with 3 bed, 2 bath units 990sf each. Both units are leased for $1425 to long term tenants that have been there 2 years, expiring 4/30/2024 and 10/31/2023.

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2006 Built Duplex with Strong Cashflow Near TCU and Medical District

Listed 09/22/2023

3107 8th Ave, Fort Worth

Purchase Price:$380,000

Cash Outlay:$102,600

Cashflow:$364/mo

Cap Rate:7.30%

IRR:21.21%

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