Cashflowing Dallas Duplex $255k

700 Cumberland St, Dallas

ROI

19.95% IRR

Strategy

Long Term Rental

Rare duplex in an up-and-coming pocket of Dallas exceeding the 1% Rule. Each unit is a 2 bed 1 bath. Lease comps support $1350 per door for a mix of appreciation and cashflow in a turnkey asset. 9 rated elementary school, 6 rated middle school. This is going to move quickly. Reach out to me asap if you'd like to send an offer. Taxes $4497.

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Cashflowing Dallas Duplex $255k

Listed 11/25/2024

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700 Cumberland St, Dallas

Purchase Price:$255,000

Cash Outlay:$68,850

Cashflow:$406/mo

Cap Rate:7.89%

IRR:19.95%

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