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Cashflowing Occupied 4 Bed, 3 Bath Single Story Completely Renovated with High End Finishes

2942 Townsend Dr, Dallas
ROI
20.78% IRR
Strategy
Long Term Rental
Cashflowing occupied 4 bed, 3 bath single story completely renovated with high end finishes, new HVAC, water heater, appliances, and plumbing. Possibility for powered shed to be converted into an ADU. Single story 1,964 sq ft 4 bed, 3 bath built in 1959 with a complete renovation in 2020. Major capex completed plus marble counters, hardwood floors, stainless appliances. Powered shed out back could be converted into an ADU. Tenant already in place and interested in signing a new lease at $3800/mo

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Cashflowing Occupied 4 Bed, 3 Bath Single Story Completely Renovated with High End Finishes

Listed 05/01/2023

2942 Townsend Dr, Dallas

Purchase Price:$395,000

Cash Outlay:$106,650

Cashflow:$401/mo

Cap Rate:7.06%

IRR:20.78%

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