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Grapevine Duplex W/ Recent $110k Price Drop! $640k

1513 Bellaire Dr, Grapevine
ROI
13.23% IRR
Strategy
Short Term Rental
Centrally located, good schools and great area. Lease comps are $2250 per door. We don't see many multis in Grapevine. You have a nice opportunity here to cashflow in an A-Grade market and I’m confident we can push the sale price lower to $625k. Taxes $3796.

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Grapevine Duplex W/ Recent $110k Price Drop! $640k

Listed 07/08/2024

1513 Bellaire Dr, Grapevine

Purchase Price:$625,000

Cash Outlay:$168,750

Cashflow:$177/mo

Cap Rate:7.11%

IRR:13.23%

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