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5-Unit Hitting the 1% Rule Near UofH, TSU, and Medical District

3435 Rosedale St, Houston
ROI
19.31% IRR
Strategy
Long Term Rental
5 unit hitting the 1% Rule near UofH, TSU, and medical district. (2) 2 bed units and (3) 1 bed units. Some value-add needed to bring up to full value.

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5-Unit Hitting the 1% Rule Near UofH, TSU, and Medical District

Listed 03/25/2024

3435 Rosedale St, Houston

Purchase Price:$649,000

Cash Outlay:$227,680

Cashflow:$828/mo

Cap Rate:7.32%

IRR:19.31%

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