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

827 Elkhart St, Houston

ROI

19.71% 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 totalling 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 06/02/2023

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827 Elkhart St, Houston

Purchase Price:$465,000

Cash Outlay:$125,550

Cashflow:$293/mo

Cap Rate:6.61%

IRR:19.71%

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