Fully Occupied Section 8 Duplex $265k

2716 Saulsbury Dr, Temple

ROI

12.90% IRR

Strategy

Long Term Rental

Turnkey 2010 built duplex. Asking 275k seller will accept $265k. Current tenants pay $1095 and $1100. They are section 8 and the rental income is guaranteed. Long term tenants in a turnkey asset and a market that has historically appreciated 4-6% YOY. This is a great deal for a passive long term buy/ hold investor. Taxes $5864.

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Fully Occupied Section 8 Duplex $265k

Listed 11/20/2024

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2716 Saulsbury Dr, Temple

Purchase Price:$265,000

Cash Outlay:$71,550

Cashflow:$156/mo

Cap Rate:5.28%

IRR:12.90%

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