Mis-Listed 1% Rule Duplex in Fort Worth

1209 Meriweather Ave, Fort Worth

ROI

18.47% IRR

Strategy

Long Term Rental

Mis-listed 1% Rule duplex. 2 beds, 1 bath per side. Occupied with both sides m2m, tenants will vacate before closing or potential to sign new leases. Units will need some updating to achieve market rents, expect some deferred maintenance.

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Mis-Listed 1% Rule Duplex in Fort Worth

Listed 04/16/2024

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1209 Meriweather Ave, Fort Worth

Purchase Price:$245,000

Cash Outlay:$86,150

Cashflow:$427/mo

Cap Rate:7.47%

IRR:18.47%

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