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Houston Heavy Cashflow Duplex $385k

8102 Rhobell St, Houston
ROI
22.84% IRR
Strategy
Long Term Rental
Built in 2008, this duplex features 4-bedroom units on both sides. Designed as a Section 8 investment. Harris County Section 8 rents for 4-bedroom units in this zip code are $2,303 per month. Nearby market-rate comps are leasing for $1,750–$2,150/month. Strong cashflow potential whether you go with vouchers or market tenants. No HOA. Taxes: $6365. Neighborhood Rating: C+

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Houston Heavy Cashflow Duplex $385k

Updated Today

8102 Rhobell St, Houston

Purchase Price:$385,000

Cash Outlay:$103,950

Cashflow:$795/mo

Cap Rate:8.31%

IRR:22.84%

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