Partially Occupied Strong Cashflow Option in Northside with 8% Cap Rate

11314 Courtshire Dr, Houston

ROI

22.60% IRR

Strategy

Long Term Rental

Partially occupied strong cashflow option in Northside with 8% cap rate. Positive cashflow with 4th unit leased, currently being advertised for rent. Opportunity to increase rents on 2 occupied units and hit an 8% cash yield.

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Partially Occupied Strong Cashflow Option in Northside with 8% Cap Rate

Listed 07/28/2023

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11314 Courtshire Dr, Houston

Purchase Price:$400,000

Cash Outlay:$108,000

Cashflow:$732/mo

Cap Rate:8.02%

IRR:22.60%

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