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Occupied New Construction Duplex in Independence Heights

402 E 37th St, Houston
ROI
21.09% IRR
Strategy
Long Term Rental
Occupied new construction duplex in Independence Heights. Cashflow positive with tenants in place paying $2400/mo through April 2025. High appreciation potential in trendy historic Independence Heights next to downtown.

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Occupied New Construction Duplex in Independence Heights

Listed 04/30/2024

402 E 37th St, Houston

Purchase Price:$585,000

Cash Outlay:$157,950

Cashflow:$215/mo

Cap Rate:6.45%

IRR:21.09%

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