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Premiere 10 Bedroom Househack Deal in Plano $695k

2808 Clear Springs Dr, Plano
ROI
49.71% IRR
Strategy
Long Term Rental
Located in highly desirable Plano. Each side is a 5-bedroom unit with almost 2000 sqft and 3.5 baths. Long term lease comps support $2600 per door so this will work as a long-term rental but I HIGHLY suggest a househacker purchase this, live in one bedroom, then rent out the other 9 bedrooms for $750-$950 each. You can live for free while cash flowing in a great location north of Dallas. This one will move quickly. There is already one offer on the table, we'll have to submit something asap. Roof is 7 years old. Foundation leveled in 2021. Taxes $10471.

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Premiere 10 Bedroom Househack Deal in Plano $695k

Listed 12/06/2024

2808 Clear Springs Dr, Plano

Purchase Price:$695,000

Cash Outlay:$187,650

Cashflow:$1,405/mo

Cap Rate:10.06%

IRR:49.71%

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