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DFW Cashflowing 6-Plex $650k

513 NW 6th St, Mineral Wells

ROI

20.72% IRR

Strategy

Long Term Rental

This is a beautifully maintained and updated 6-unit building. Currently fully occupied with one tenant set to move out in Sept. Each unit is a large 1200 sqft space with 2 beds 1 bath. The property has a history of very low vacancy due to location near downtown. Leases are $1000 - $1100 per door. Taxes 11015.

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DFW Cashflowing 6-Plex $650k

Listed 09/05/2024

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513 NW 6th St, Mineral Wells

Purchase Price:$650,000

Cash Outlay:$175,500

Cashflow:$933/mo

Cap Rate:9.34%

IRR:20.72%

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