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Turnkey Cashflowing SFH + ADU near TCU & Lockheed Martin

4921 Donnelly Ave, Fort Worth
ROI
16.43% IRR
Strategy
Long-Term Rental with ADU
This 3 bedroom main house with a 2 bed ADU hits the "1% rule" and will produce solid cashflow for a long-term investor. We like these SFH + ADU properties as they tend to have good price to rent ratios, and offer a newer investor the opportunity to househack their first property with lower down payments, hands-on management/oversight, and reduced personal living costs. Fresh updates and recent capex completed on this property will further reduce out of pocket maintenance costs. Tenant demand is strong in this area with Lockheed Martin, medical centers, and TCU all nearby. With no HOA, this property also has short-term and mid-term rental potential.

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Turnkey Cashflowing SFH + ADU near TCU & Lockheed Martin

Listed 12/05/2022

4921 Donnelly Ave, Fort Worth

Purchase Price:$$319,000

Cash Outlay:$$87,130

Cashflow:$$298/mo

Cap Rate:7.55%%

IRR:16.43%%

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