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.

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DFW Triplex Hitting The 1% Rule $485k

Listed 12/11/2024

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3300 Ryan Ave, Fort Worth

Purchase Price:$485,000

Cash Outlay:$130,950

Cashflow:$590/mo

Cap Rate:7.30%

IRR:17.16%

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