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Occupied and Cashflowing Quadplex 10 Minutes from Downtown Dallas

8005 Rothington Rd, Dallas

ROI

20.60% IRR

Strategy

Long Term Rental

Occupied and cashflowing quadplex 10 minutes from downtown Dallas. 3 updated units leased for $1275-1300/mo, last unit is leased for $950. Market rents $1300-1400/mo. True 1% Rule potential. 1983 quadplex with 2 bed, 1.5 bath units 1,240sf each. Three units updated recently. Two units leased for $1300/mo, one for $1275/mo, and one for $949/mo.

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Occupied and Cashflowing Quadplex 10 Minutes from Downtown Dallas

Listed 01/25/2024

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8005 Rothington Rd, Dallas

Purchase Price:$520,000

Cash Outlay:$140,400

Cashflow:$435/mo

Cap Rate:6.85%

IRR:20.60%

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