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Fully Updated Highland Heights Triplex with $100/door in Cashflow

827 Elkhart St, Houston
ROI
21.79% IRR
Strategy
Long Term Rental
Fully updated Highland Heights triplex with $100/door in cashflow. Three detached buildings including a 1bd/1ba, 2bd/1ba, and 3bd/2ba. Single lot with 3 fully updated homes totaling 2850sf built in 1945. Main house is 3 bed, 2 bath 1500sf, second house is 450sf 1 bed, 1 bath, third house is 900sf 2 bed, 1 bath.

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Fully Updated Highland Heights Triplex with $100/door in Cashflow

Listed 02/05/2024

827 Elkhart St, Houston

Purchase Price:$425,000

Cash Outlay:$114,750

Cashflow:$366/mo

Cap Rate:6.88%

IRR:21.79%

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