Off Market Dallas Duplex $689k

3148 Royal Ln, Dallas

ROI

24.04% IRR

Strategy

Mid Term Rental

Previously listed for $875k. Now offered off-market to SRC clients for $689k. 3 beds, 2 full baths each side. Currently there’s one long term tenant paying $2500 and one mid term tenant with lease expiring end of September paying $3500. The location works for short term, mid term, and long term rental strategies. Househackers take special note of the location! We get very few duplexes in this area and the ones that do come online receive multiple offers. All furnishings and appliances convey with the sale. This is an excellent deal. Taxes $14585.

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Off Market Dallas Duplex $689k

Listed 09/23/2024

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3148 Royal Ln, Dallas

Purchase Price:$689,000

Cash Outlay:$186,030

Cashflow:$1,666/mo

Cap Rate:8.29%

IRR:24.04%

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