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DFW Rent By Room Deal $430k

1040 Lakeview Ct, Little Elm
ROI
23.83% IRR
Strategy
Rent By The Room
One of the best co-living or rent by room deals of the year. Any investor interested in house hacking a single family home or leasing out bedrooms should jump on this one. 6 beds, 3.5 baths, plenty of parking for 6 tenants. No hoa. Rooms lease for $800 - $1000 in this area. You could not ask for a better rent by room setup! Rent by room management firms in the area include HomeRoom and Padsplit. Taxes $7318.

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DFW Rent By Room Deal $430k

Listed 08/26/2024

1040 Lakeview Ct, Little Elm

Purchase Price:$430,000

Cash Outlay:$116,100

Cashflow:$1,001/mo

Cap Rate:8.48%

IRR:23.83%

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