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Cashflowing Triplex in the Greater East End

7017 Sherman St, Houston

ROI

19.17% IRR

Strategy

Long Term Rental

Cashflowing triplex in the Greater East End. Two 2 bed, 1 bath units and one 3 bed, 2 bath unit. All are updated, one unit is vacant, one month-to-month, and one with a long-term tenant. Triplex built in 1940 with one 3 bed, 2 bath unit and two 2 bed, 1 bath units. All units are updated, one unit is vacant, one month-to-month, and one with a long-term tenant.

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Cashflowing Triplex in the Greater East End

Listed 06/08/2023

7017 Sherman St, Houston

Purchase Price:$375,000

Cash Outlay:$101,250

Cashflow:$236/mo

Cap Rate:6.61%

IRR:19.17%

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