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Cashflowing and Appreciating DFW Duplex $400k

316 California Dr, Glenn Heights

ROI

14.83% IRR

Strategy

Long Term Rental

Each side has the same 3 bed, 1100 sqft layout and can pull $1800 per door. Location is B grade with 7 rated elementary schools and very low vacancy rates. Both sides are currently occupied with tenants paying $1500 per door. The current tenants will be moved out prior to Jan 15 so you can re-lease at market rate. Taxes $7044.

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Cashflowing and Appreciating DFW Duplex $400k

Listed 12/16/2024

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316 California Dr, Glenn Heights

Purchase Price:$400,000

Cash Outlay:$108,000

Cashflow:$284/mo

Cap Rate:6.68%

IRR:14.83%

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