DFW Triplex Hitting The 1% Rule $485k
3300 Ryan Ave, Fort Worth
ROI
17.16% IRR
Strategy
Long Term Rental
Currently 2 of the 3 units are leased. Main house is leased for $2495. The 2 bedroom unit is leased for $1400. The 1 bedroom unit is vacant and will lease for $1000. Tenant in main house pays utility bills for all units. The apartment pay an additional $60 per month each toward the utility bill. Total income once the last unit fills is $4895. Location is B grade and the units are in very nice condition. Taxes $10828.
