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Mis-Listed Duplex Selling Far Below Assessed Value $425k

820 Shadywood Ln, Desoto
ROI
11.07% IRR
Strategy
Long Term Rental
Only one side of this duplex is posted for sale but the seller will sell the full duplex. The previous tenants were paying $1850 per side. Market rate is $2000 per door. All utilities are separate and paid by tenants. EXCELLENT DEAL and will be a strong cashflow property in an appreciating area once taxes are protested. Taxes $14k. (Tax assessed value is $680k!).

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Mis-Listed Duplex Selling Far Below Assessed Value $425k

Listed 09/19/2024

820 Shadywood Ln, Desoto

Purchase Price:$425,000

Cash Outlay:$114,750

Cashflow:$91/mo

Cap Rate:5.12%

IRR:11.07%

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