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DFW Cashflowing Duplex $360k

1132 Mountain View St, Glenn Heights

ROI

13.73% IRR

Strategy

Long Term Rental

Located in Glenn Heights neighborhood just south of Dallas. The 3 bed unit is occupied with a tenant paying $1784 per month, the other unit is a 2 bedroom and vacant. Rental comps support $1500 for $3284 per month top line. There was a recent large price drop from $385k - $365k. I think you can land right at $360k if we start with a $355k offer. Taxes $7588.

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DFW Cashflowing Duplex $360k

Listed 01/09/2025

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1132 Mountain View St, Glenn Heights

Purchase Price:$360,000

Cash Outlay:$97,200

Cashflow:$185/mo

Cap Rate:6.45%

IRR:13.73%

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