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DFW B.E.A.F. Single Family Rental $300k

1536 Melrose Ln, Rockwall
ROI
10.84% IRR
Strategy
B.E.A.F
Current market value is $360k and lease comps support $2500 per month. It’s priced very aggressively due to owner’s relocation making it a perfect deal for walk-in equity and cashflow in an area with schools rated 6s and 8s. Rockwall is just east of Dallas and has been consistently appreciating. Roof replaced 2022, AC replaced 2021. 2001 build. 5 beds, 2900sqft, HOA $21. Taxes $5434.

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DFW B.E.A.F. Single Family Rental $300k

Listed 12/10/2024

1536 Melrose Ln, Rockwall

Purchase Price:$300,000

Cash Outlay:$81,000

Cashflow:$17/mo

Cap Rate:5.84%

IRR:10.84%

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