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New Construction Duplex in an Upward-Trending Neighborhood Close to Medical Centers and Universities

4404 Cosby Ave, Houston
ROI
21.33% IRR
Strategy
Mid Term Rental
New construction duplex in an upward-trending neighborhood close to medical centers and universities. Lots of active development and renovations in the area. 3 bedroom, 2.5 bath units with one car garages. Mid-term rents are $3500/mo.

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New Construction Duplex in an Upward-Trending Neighborhood Close to Medical Centers and Universities

Listed 02/19/2024

4404 Cosby Ave, Houston

Purchase Price:$600,000

Cash Outlay:$182,000

Cashflow:$895/mo

Cap Rate:7.38%

IRR:21.33%

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