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New Construction Luxury Duplex with 4 Bed Units Near Medical District and UofH

5854 Southville St, Houston
ROI
25.10% IRR
Strategy
Short Term Rental
New construction luxury duplex with 4 bed units near medical district and UofH. Mixed quality neighborhood just outside 610 loop, strong LTR and STR rates with expected completion in September.

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New Construction Luxury Duplex with 4 Bed Units Near Medical District and UofH

Listed 06/20/2023

5854 Southville St, Houston

Purchase Price:$550,000

Cash Outlay:$168,500

Cashflow:$2,106/mo

Cap Rate:10.02%

IRR:25.10%

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