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Fully Leased Duplex with Room To Increase Rents

113 Mckown Ave, Sherman
ROI
22.13% IRR
Strategy
Long Term Rental
Fully leased duplex with room to increase rents. One side pays $1300 and other side pays $1150. Market rate is $1500/mo. Strong cashflow in a rapidly growing area close to major freeway.

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Fully Leased Duplex with Room To Increase Rents

Listed 03/06/2024

113 Mckown Ave, Sherman

Purchase Price:$300,000

Cash Outlay:$81,000

Cashflow:$355/mo

Cap Rate:7.26%

IRR:22.13%

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