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Duplex MTR Opportunity Near Medical City

5812 Tinsley Dr, Arlington
ROI
23.60% IRR
Strategy
Mid Term Rental
Duplex MTR opportunity near Medical City. Both 2 bed units. One HVAC unit needed. Currently occupied for $1525/mo (m2m) and $1300/mo (expires 10/1/23). Single story duplex built in 1984 with 2 bed, 2 bath units. Turnkey condition with updated LVP floors, stainless appliances, fireplace. Currently leased for $1525/mo (m2m) and $1300/mo (expires October 2023).

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Duplex MTR Opportunity Near Medical City

Listed 09/08/2023

5812 Tinsley Dr, Arlington

Purchase Price:$350,000

Cash Outlay:$124,500

Cashflow:$982/mo

Cap Rate:9.02%

IRR:23.60%

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