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Sherman Texas Duplex North of Dallas $318k

620 S Charles St, Sherman
ROI
12.22% IRR
Strategy
Long Term Rental
Located in Sherman which has been a target community for appreciation-focuses investors. Several large microchip manufacturers and large scale developments are underway in this city. This duplex is 100% occupied and collects $2775 per month. Leases are through. June and July 2025. This is a good deal for a long-term buy/ hold investor looking for a mix of cashflow and appreciation. Taxes $5964.

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Sherman Texas Duplex North of Dallas $318k

Listed 09/23/2024

620 S Charles St, Sherman

Purchase Price:$318,000

Cash Outlay:$85,860

Cashflow:$104/mo

Cap Rate:5.77%

IRR:12.22%

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