FREE book: The Book on Texas Real Estate Investing — download now

DFW Value-Add Duplex $370k

316 Shady Valley Dr, Mansfield
ROI
21.39% IRR
Strategy
Long Term Rental
Each side is a 3 bed 2 bath with 1260 sqft. Current rents are $1375 and $1550. Rental comps support $1700 per month for 3 bed units. Renovated units in this area pull as high as $2000 per month per door. Mansfield is a B grade area with schools rated 5s and 6s. This would make an excellent value-add play for an investor to renovate units as they become vacant, then increase rents to $2000 per door, and be sitting on a cashflow heavy asset in a good area. Taxes $7336.

Enter your email to download the proforma

< Back to Daily Deals

DFW Value-Add Duplex $370k

Listed 11/04/2024

316 Shady Valley Dr, Mansfield

Purchase Price:$370,000

Cash Outlay:$99,900

Cashflow:$692/mo

Cap Rate:8.08%

IRR:21.39%

Talk to an agent about this property

Get a response in less than 24 hours.
Message

See other properties

Long Term Rental

Dallas Premium Location Single Family Rental $285k

2353 Homewood Ln, Grand Prairie

Purchase Price:$285,000

Cash Outlay:$76,950

Cashflow:$73/mo

Cap Rate:5.70%

IRR:11.89%

Mid Term Rental

San Antonio OFF MARKET Down Town Duplex $299k

1119 W Myrtle St, San Antonio

Purchase Price:$299,000

Cash Outlay:$80,730

Cashflow:$48/mo

Cap Rate:5.59%

IRR:11.33%

Long Term Rental

Houston Single Family Rental $344k

10618 Cascade Creek Dr, Rosharon

Purchase Price:$344,000

Cash Outlay:$92,880

Cashflow:$354/mo

Cap Rate:6.63%

IRR:16.38%

Long Term Rental

San Marcos Fully Occupied Quadplex $399k

1634 Post Rd, San Marcos

Purchase Price:$399,000

Cash Outlay:$107,730

Cashflow:$549/mo

Cap Rate:7.05%

IRR:18.40%

Long Term Rental

DFW Fully Occupied Duplex $440k

11358 Quail Run St #358 & 360, Dallas

Purchase Price:$440,000

Cash Outlay:$118,800

Cashflow:$440/mo

Cap Rate:6.60%

IRR:16.22%

Long Term Rental

Houston Portfolio of 2 Single Family Homes $668k

10614 Cascade Creek and 10611 Crescent Peak, Rosharon

Purchase Price:$668,000

Cash Outlay:$180,360

Cashflow:$760/mo

Cap Rate:6.76%

IRR:17.01%