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Off-Market Duplex Fully Occupied and Cashflowing

519-521 Clearfield Dr, New Braunfels
ROI
23.16% IRR
Strategy
Long Term Rental
Off-market duplex fully occupied and cashflowing. Both units are 3 bed, 2 bath, 1 car garage. 519 rented for $1850/mo to section 8, 521 rented for $2000/mo. Both leases end 9/30/24. Appraised in 2023 for 510k, seller will accept $450k.

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Off-Market Duplex Fully Occupied and Cashflowing

Listed 04/25/2024

519-521 Clearfield Dr, New Braunfels

Purchase Price:$450,000

Cash Outlay:$121,500

Cashflow:$434/mo

Cap Rate:7.15%

IRR:23.16%

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