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Rare Occupied Duplex Close to Sam Houston Raceway

10011 Spring Place Dr, Houston
ROI
20.90% IRR
Strategy
Long Term Rental
Rare occupied duplex close to Sam Houston Raceway. Each side currently leased for $1175/mo expiring 1/31/24 and 9/30/24, market rents $1500+.

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Rare Occupied Duplex Close to Sam Houston Raceway

Listed 08/30/2023

10011 Spring Place Dr, Houston

Purchase Price:$300,000

Cash Outlay:$81,000

Cashflow:$266/mo

Cap Rate:7.21%

IRR:20.90%

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