3 Bed MTR Next to Medical Center with Value-Add Opportunity

7022 Triola Ln, Houston
ROI
20.20% IRR
Strategy
Mid Term Rental
3 bed MTR next to medical center with value-add opportunity. Cosmetic updates needed, walking distance to Southwest hospital and HCU. Single story 3 bed, 1.5 bath 1,170 sq ft built in 1958. Mostly rent-ready condition, just needs paint & floors in living spaces

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3 Bed MTR Next to Medical Center with Value-Add Opportunity

Listed 04/24/2023

7022 Triola Ln, Houston

Purchase Price:$260,000

Cash Outlay:$90,200

Cashflow:$528/mo

Cap Rate:7.68%

IRR:20.20%

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