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

Fully Renovated 1% Rule Duplex Next to TWU

412 Chicago Ave, Fort Worth
ROI
24.43% IRR
Strategy
Long Term Rental
Fully renovated 1% Rule duplex next to TWU. New roof, windows, water heater, floors, cabinets, counters, paint, fence. 1,440 sq ft duplex built in 1920 with one tenant-occupied 1 bedroom unit and one vacant 2 bedroom unit. Fully renovated with new roof, windows, water heater, floors, cabinets, counters, paint, and fence. Separate utilities.

Enter your email to download the proforma

< Back to Daily Deals

Fully Renovated 1% Rule Duplex Next to TWU

Listed 06/30/2023

412 Chicago Ave, Fort Worth

Purchase Price:$260,000

Cash Outlay:$70,200

Cashflow:$437/mo

Cap Rate:7.85%

IRR:24.43%

Talk to an agent about this property

Get a response in less than 24 hours.
Message

See other properties

Long Term Rental

Baytown 4-Unit Cash Cow With $6550/mo Income – $450k

2633 W Main St, Baytown

Purchase Price:$450,000

Cash Outlay:$121,500

Cashflow:$2,118/mo

Cap Rate:11.49%

IRR:38.22%

Long Term Rental

Dallas Pair of Duplexes Exceeding the 1% Rule – $650k

2250/2254 Areba St Unit A&B, Dallas

Purchase Price:$650,000

Cash Outlay:$175,500

Cashflow:$1,028/mo

Cap Rate:7.74%

IRR:20.04%

Long Term Rental

Stephenville Student Housing Quad Near Tarleton State – $650k

852 W Vanderbilt, Stephenville

Purchase Price:$650,000

Cash Outlay:$175,500

Cashflow:$65/mo

Cap Rate:5.96%

IRR:11.42%

Long Term Rental

San Antonio Quadplex Hitting the 1% Rule | $400k

507 Oregon St, San Antonio

Purchase Price:$400,000

Cash Outlay:$108,000

Cashflow:$562/mo

Cap Rate:7.52%

IRR:19.00%

Long Term Rental

Houston Full Duplex Producing $3,750/mo in Katy ISD | $450k

5216 & 5218 Beaverbrook Dr, Houston

Purchase Price:$450,000

Cash Outlay:$121,500

Cashflow:$403/mo

Cap Rate:6.91%

IRR:16.04%

Long Term Rental

Dallas Proper Newer-Built Duplex Producing $5,700/mo | $700k

1654-1656 Hudspeth Ave, Dallas

Purchase Price:$700,000

Cash Outlay:$189,000

Cashflow:$678/mo

Cap Rate:7.00%

IRR:16.47%