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Dallas Leased Duplex $350k

4525 - 4529 Mizzenmast Ct, Fort Worth
ROI
13.33% IRR
Strategy
Mid Term Rental
Fully leased Duplex, each unit is 3 beds, 2 baths, 1752 sf. Unit 4525 tenant is at $1,650 per mo expiring June 2025; 4529 is leased at $1,600 month to month. Located in North Fort Worth, a "B Grade" area with schools rated 5s and 6s. The seller owns the neighboring duplex as well and would sell the pair (4 units total) for $700k. Taxes $9000.

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Dallas Leased Duplex $350k

Listed 02/17/2025

4525 - 4529 Mizzenmast Ct, Fort Worth

Purchase Price:$350,000

Cash Outlay:$94,500

Cashflow:$143/mo

Cap Rate:6.48%

IRR:13.33%

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