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Cashflowing DFW Duplex $295k

2316 Meadow Ln, Mesquite
ROI
13.14% IRR
Strategy
Long Term Rental
Located in Mesquite, just east of Dallas. Fully occupied duplex with tenants paying $1250 per month. Both leases expire May 31, 2025. Copies of the leases and photos of the property are attached below. Each unit is a 1 bed 1 bath. Both Leases expire may 31, 2025 and each tenant pays $1250 per month. The location is B grade with schools rated in the 5s. A great option for an investor looking for a mix of appreciation and cashflow with no vacancy risk, a turnkey asset, and opportunity to self-manage. Taxes $5434.

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Cashflowing DFW Duplex $295k

Listed 11/21/2024

2316 Meadow Ln, Mesquite

Purchase Price:$295,000

Cash Outlay:$79,650

Cashflow:$300/mo

Cap Rate:6.33%

IRR:13.14%

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