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DFW Duplex For Cashflow and Appreciation $345k

6812 S Creek Dr, Fort Worth
ROI
16.15% IRR
Strategy
Long Term Rental
This property just came back on market with a $60k price reduction. Both sides are 2 beds 2.5 baths. Lease comps support $1600 per door. The units were leased for $1495 each prior to the renovation. Another offer has already been submitted for it so we’ll need to submit a bid asap if interested. Seller will replace roof prior to closing. This is an excellent price point for a duplex in the area. Taxes $5431

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DFW Duplex For Cashflow and Appreciation $345k

Listed 12/06/2024

6812 S Creek Dr, Fort Worth

Purchase Price:$345,000

Cash Outlay:$93,150

Cashflow:$325/mo

Cap Rate:6.97%

IRR:16.15%

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