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Cashflowing Duplex in Victoria $252k

203 Palmwood Dr, Victoria
ROI
21.17% IRR
Strategy
Long Term Rental
TX duplex built in 2014 with tenants and management already in place. Tenants pay $1295 per door and their leases expire June 30, 2025 and Feb 28, 2025. This is a turnkey property, exceeding the 1% rule, in an appreciating market. Perfect deal for a new investor. Taxes 5177.

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Cashflowing Duplex in Victoria $252k

Listed 07/29/2024

203 Palmwood Dr, Victoria

Purchase Price:$252,000

Cash Outlay:$68,040

Cashflow:$350/mo

Cap Rate:10.00%

IRR:21.17%

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