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Occupied Fourplex Exceeding 1% Rule in Fort Worth

4943 Miller Ave, Fort Worth
ROI
19.51% IRR
Strategy
Long Term Rental
Occupied fourplex exceeding 1% Rule in Fort Worth. Currently leased for $3750/mo with market rents $4200/mo. Three properties available. 3,120 sq ft two story fourplex with 2 beds, 1 bath per unit. Significant upside from current leases.

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Occupied Fourplex Exceeding 1% Rule in Fort Worth

Listed 06/19/2023

4943 Miller Ave, Fort Worth

Purchase Price:$400,000

Cash Outlay:$108,000

Cashflow:$233/mo

Cap Rate:6.56%

IRR:19.51%

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