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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.

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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%

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