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Full-Brick LTR Duplex in Fort Worth $420k

4334 Segura Ct N, Fort Worth
ROI
15.37% IRR
Strategy
Long Term Rental
Beautiful duplex with large 3 beds 2 baths layout on each side. One unit is leased at $1,800, the other is vacant, perfect for a new tenant or owner occupant. Unit 4334 was previously leased at $1,800; tenant vacated Nov. 2024. Unit 4332 is currently leased for $1,800; lease ends in December, tenant would love to renew if possible. Lease comps support $2000 per side. Electricity and gas are paid by tenants, water is on a single meter and paid by the owner. Tenant takes care of lawn maintenance. I suggest increasing each unit to $2000 per month and billing H2O back to tenants. Taxes $9244.

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Full-Brick LTR Duplex in Fort Worth $420k

Listed 11/19/2024

4334 Segura Ct N, Fort Worth

Purchase Price:$420,000

Cash Outlay:$113,400

Cashflow:$327/mo

Cap Rate:6.92%

IRR:15.37%

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