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Cashflowing DFW Duplex $345k

2422 Sherry St #24, Arlington
ROI
16.76% IRR
Strategy
Mid Term Rental
Located in Arlington. Central to everything in the metroplex. Currently leased for $1450 per door and producing cashflow from day 1. Lease comps suggest these can go as high as $1600 per door for a nice value add opportunity. This deal will also work as a mid term rental play given the location. MTR comps are sitting between $1800-$2000 per door for a furnished 2 bed. Taxes $4193.

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Cashflowing DFW Duplex $345k

Listed 08/01/2024

2422 Sherry St #24, Arlington

Purchase Price:$345,000

Cash Outlay:$93,150

Cashflow:$253/mo

Cap Rate:8.50%

IRR:16.76%

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