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DFW 2021 Build Single Family Rental $280k Rent $2450

3128 Frazier St, Mesquite
ROI
12.12% IRR
Strategy
Long Term Rental
Schools rated in the 8s. Located just east of Dallas. Asking is $290k I think we can land at $280k. The same floor plan has sold several times for $295k in the last 6 months. The lease comps are consistent at $2400-$2500 per month. This is a turnkey, recently built asset in a good area for low maintenance expenses and a high-quality tenant pool. Perfect for a long term buy/ hold investor looking for a mix of cashflow and appreciation. $28 HOA. Taxes $7383.

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DFW 2021 Build Single Family Rental $280k Rent $2450

Listed 12/06/2024

3128 Frazier St, Mesquite

Purchase Price:$280,000

Cash Outlay:$75,600

Cashflow:$110/mo

Cap Rate:5.36%

IRR:12.12%

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