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Houston Duplex $390k

3722 Lehall St Unit A And B, Houston
ROI
14.11% IRR
Strategy
Long Term Rental
Lease comps support $1700 per door. Unit A was rented for $1700 by the previous tenant. Current rent for unit B is $1,500, well below market. Close to the medical center, and NRG Stadium. There are 4 beds and 2.5 baths per unit making this a great deal for a variety of strategies including rent by room, househack, or section 8 to increase cashflow! Taxes $7009.

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Houston Duplex $390k

Listed 02/10/2025

3722 Lehall St Unit A And B, Houston

Purchase Price:$390,000

Cash Outlay:$105,300

Cashflow:$213/mo

Cap Rate:6.64%

IRR:14.11%

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