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Houston New Construction Duplex $440k

8008 Birmingham St, Houston
ROI
13.93% IRR
Strategy
Long Term Rental
Houston: each unit is 3 beds 2 baths 1200 sqft. Rent comps support $1900-$2000 per door. New construction for minimal maintenance. High end finishes throughout. Just 4 miles from the new $1.6B Hospital campus. Taxes $8000.

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Houston New Construction Duplex $440k

Listed 02/24/2025

8008 Birmingham St, Houston

Purchase Price:$440,000

Cash Outlay:$118,800

Cashflow:$227/mo

Cap Rate:6.60%

IRR:13.93%

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