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

Fully Updated 3 Bed in Sherman with Strong Appreciation Potential and Over $100/mo in Cash Flow

1716 S Montgomery St, Sherman
ROI
23.11% IRR
Strategy
Long Term Rental
Fully updated 3 bed in Sherman with strong appreciation potential and over $100/mo in cash flow. Minutes from Texas Instruments, Austin College, and hospitals. 1,024 sq ft 3 bed, 2 bath single story built in 1900. Completely updating with LVP floors, granite counters, stainless appliances, and a large backyard with storage shed and carport.

Enter your email to download the proforma

< Back to Daily Deals

Fully Updated 3 Bed in Sherman with Strong Appreciation Potential and Over $100/mo in Cash Flow

Listed 04/13/2023

1716 S Montgomery St, Sherman

Purchase Price:$152,500

Cash Outlay:$41,175

Cashflow:$117/mo

Cap Rate:6.77%

IRR:23.11%

Talk to an analyst about this property

Get a response in less than 24 hours.
Message

See other properties

Long Term Rental

Houston Section 8 Single Family Rental $285k

22218 Orchard Dale Dr, Spring

Purchase Price:$285,000

Cash Outlay:$76,950

Cashflow:$211/mo

Cap Rate:6.43%

IRR:14.72%

B.E.A.F

DFW Single Family Rental $299k

5147 Ivycrest Trl, Arlington

Purchase Price:$299,000

Cash Outlay:$80,730

Cashflow:$22/mo

Cap Rate:5.63%

IRR:10.96%

Long Term Rental

Quadplex in Premiere DFW Location $730k

805 Bluebonnet Dr, Keller

Purchase Price:$730,000

Cash Outlay:$197,100

Cashflow:$257/mo

Cap Rate:6.11%

IRR:12.67%

B.E.A.F

B.E.A.F. Single Family Rental in DFW $245k

109 Redhaw Ct, Burleson

Purchase Price:$245,000

Cash Outlay:$66,150

Cashflow:$41/mo

Cap Rate:5.89%

IRR:11.63%

Long Term Rental

Quadplex Exceeding The 1% Rule $317k

4503 Westcliff Rd, Killeen

Purchase Price:$317,000

Cash Outlay:$85,590

Cashflow:$657/mo

Cap Rate:8.17%

IRR:22.38%

Long Term Rental

Occupied San Antonio Duplex $320k

9813 Ardash Ln, San Antonio

Purchase Price:$320,000

Cash Outlay:$86,400

Cashflow:$95/mo

Cap Rate:6.04%

IRR:12.36%