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Houston Seller Financing Triplex $295k

2521 Texas Ave, Texas City
ROI
34.01% IRR
Strategy
Long Term Rental
Located in Texas city. 3 homes on 2 lots being sold as a package. The main home comes fully furnished. Garage apartment rent estimated at $1,300 per mo. Large house estimated $1,800, small house estimated $1,200 per mo.Seller financing terms: $85k down 6.5% interest 30 year note 5 yr balloon. Taxes $4323.

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Houston Seller Financing Triplex $295k

Listed 01/27/2025

2521 Texas Ave, Texas City

Purchase Price:$295,000

Cash Outlay:$79,650

Cashflow:$1,357/mo

Cap Rate:10.92%

IRR:34.01%

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