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New Construction Houston Duplex Near The Heights $375k

5262 Ella Unit 306 A B, Houston
ROI
16.79% IRR
Strategy
Long Term Rental
Both units are 1 bed, 1.15 baths, 900 sqft. Break even cashflow with high appreciation potential! Lease comps are $1500 - $1600 per door. All utilities are on separated meters. Construction completed in 2023. HOA $170 per month covers trash, landscaping, pest control. Taxes estimated $6000.

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New Construction Houston Duplex Near The Heights $375k

Listed 08/06/2024

5262 Ella Unit 306 A B, Houston

Purchase Price:$375,000

Cash Outlay:$101,250

Cashflow:$320/mo

Cap Rate:7.99%

IRR:16.79%

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