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Houston Turnkey Duplex $250k

5017 Boicewood St, Houston
ROI
16.13% IRR
Strategy
Long Term Rental
Fully remodeled duplex, New siding, a NEW HVAC system, NEW roof (replaced in 2021 with warranty), new pex plumbing, freshly painted, each side is 2 beds 1 bath 800sqft. Lease comps support $1150 per door. Each unit is vacant and ready for tenants. Proximity to downtown also makes this conducive for a househacker. Taxes $3979.

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Houston Turnkey Duplex $250k

Listed 03/25/2025

5017 Boicewood St, Houston

Purchase Price:$250,000

Cash Outlay:$67,500

Cashflow:$228/mo

Cap Rate:6.93%

IRR:16.13%

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