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Renovated 1% Rule Duplex in Cleburne

507 W Chambers St, Cleburne
ROI
20.39% IRR
Strategy
Long Term Rental
Renovated 1% Rule duplex in Cleburne. High growth market outside Fort Worth. One side vacant with a tenant previously paying $1380/mo, second side is month to month at $1100. Market rents $1400+.

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Renovated 1% Rule Duplex in Cleburne

Listed 05/06/2024

507 W Chambers St, Cleburne

Purchase Price:$275,000

Cash Outlay:$74,250

Cashflow:$215/mo

Cap Rate:6.94%

IRR:20.39%

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