Mid-Term Rental Quadplex in Central DFW Neighborhood $599k

764 E Pecan St, Hurst

ROI

33.12% IRR

Strategy

Mid Term Rental

Quadplex located in Hurst with one unit vacant for an owner occupant to Househack and take advantage of a low downpayment! The other three units are leased for $1200,$1200, $1075. Market rate is $1250 per door as long term rentals. I really like this as a mid term rental deal due to the central location. You’re less than 10 minutes to several hospitals, universities, NRG Stadium, Globe Life Field, the DFW Airport, etc. Location is excellent. Furnished 2 bedroom units will lease for $2200 per month making it a heavy cashflow play via the furnished MTR strategy. Taxes 9665.

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Mid-Term Rental Quadplex in Central DFW Neighborhood $599k

Listed 07/18/2024

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764 E Pecan St, Hurst

Purchase Price:$599,000

Cash Outlay:$161,730

Cashflow:$2,156/mo

Cap Rate:12.12%

IRR:33.12%

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