Cashflow Positive Duplex in McKinney Mis-Listed on MLS as a SFH

202-204 N Graves St, McKinney
ROI
19.18% IRR
Strategy
Long Term Rental
Cashflow positive duplex mis-listed on MLS as a SFH. 2 bedroom units with projected rents $1950-2050/mo. 2,176 sq ft duplex built in 1973 with 2 beds, 1.5 baths per side. Mis-listed on the MLS as a single family home, good opportunity to purchase with less competition.

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Cashflow Positive Duplex in McKinney Mis-Listed on MLS as a SFH

Listed 10/02/2023

202-204 N Graves St, McKinney

Purchase Price:$475,000

Cash Outlay:$128,250

Cashflow:$232/mo

Cap Rate:6.74%

IRR:19.18%

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