🚫 We are no longer accepting BRRRR, Fix/Flip, or Wholesale clients

Fully Renovated 4 Bed with Potential ADU and Interest Rate Buydown

2942 Townsend Dr, Dallas
ROI
20.00% IRR
Strategy
Long Term Rental
Fully renovated 4 bed with potential ADU and interest rate buydown. Single story completely renovated with high end finishes, new HVAC, water heater, appliances, and plumbing. Value-add opportunity with a powered shed that can be converted into an ADU. Single story 1,964 sq ft 4 bed, 3 bath built in 1959 with a complete renovation in 2020. Major capex completed plus marble counters, hardwood floors, stainless appliances. Powered shed out back could be converted into an ADU.

Enter your email to download the proforma

< Back to Daily Deals

Fully Renovated 4 Bed with Potential ADU and Interest Rate Buydown

Listed 01/15/2024

2942 Townsend Dr, Dallas

Purchase Price:$410,000

Cash Outlay:$110,700

Cashflow:$296/mo

Cap Rate:6.28%

IRR:20.00%

Talk to an analyst about this property

Get a response in less than 24 hours.
Message

See other properties

Long Term Rental

DFW SFR Exceeding The 1% Rule $215k

3923 Coolidge St, Dallas

Purchase Price:$215,000

Cash Outlay:$58,050

Cashflow:$143/mo

Cap Rate:9.57%

IRR:17.53%

Rent By The Room

San Antonio Off-Market Turnkey Rent By The Room Deal $280k

1011 Bay Horse Dr, San Antonio

Purchase Price:$305,000

Cash Outlay:$82,350

Cashflow:$222/mo

Cap Rate:9.29%

IRR:17.51%

Long Term Rental

Rare Katy ISD Duplex Cashflowing and Appreciating $350k

1934 Avenue B, Katy

Purchase Price:$50,000

Cash Outlay:$13,500

Cashflow:$577/mo

Cap Rate:9.16%

IRR:21.49%

Short Term Rental

Rare Duplex Close to Texas State University $315k

228 Trestle Tree, San Marcos

Purchase Price:$315,000

Cash Outlay:$85,050

Cashflow:$125/mo

Cap Rate:8.78%

IRR:15.54%

Mid Term Rental

Turnkey and Cashflowing DFW Duplex $475K

7804 Laver Ct, Fort Worth

Purchase Price:$475,000

Cash Outlay:$128,250

Cashflow:$365/mo

Cap Rate:7.85%

IRR:16.27%

Long Term Rental

100% Occupied and Cashflowing Turnkey Houston Quadplex $635K

2526 Appian Way, New Caney

Purchase Price:$635,000

Cash Outlay:$171,450

Cashflow:$567/mo

Cap Rate:9.14%

IRR:18.11%