DFW Duplex Exceeding The 1% Rule $290k

1700-02 Lady Rachael Ct, Fort Worth

ROI

17.53% IRR

Strategy

Long Term Rental

One side is leased for $1540 through October 2025. The other side is vacant and open for tours. Lease comps support $1550 per door and sale comps are between $300k - $370k for similar sqft duplexes in the area. NOTE this is a corporate seller and the listed price of $264k IS NOT where it will sell. This will trade between $290-$305k. Let me know asap if you’d like to submit an offer. Taxes $7651.

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DFW Duplex Exceeding The 1% Rule $290k

Listed 12/20/2024

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1700-02 Lady Rachael Ct, Fort Worth

Purchase Price:$290,000

Cash Outlay:$78,300

Cashflow:$343/mo

Cap Rate:7.26%

IRR:17.53%

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