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Turnkey Duplex Hitting the 1% Rule Near Medical Centers and Universities

3802 Lehall St, Houston
ROI
22.05% IRR
Strategy
Long Term Rental
Turnkey duplex hitting the 1% rule near medical centers and universities. Built with 2015 with 2 bed, 2 bath units. Turnkey condition duplex built in 2015 with 2 beds, 2 baths per unit. Well maintained neighborhood with no HOA. 10 minutes from Texas Medical Center, University of Houston, convention center, and Toyota Center.

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Turnkey Duplex Hitting the 1% Rule Near Medical Centers and Universities

Listed 05/17/2023

3802 Lehall St, Houston

Purchase Price:$280,000

Cash Outlay:$75,600

Cashflow:$366/mo

Cap Rate:7.41%

IRR:22.05%

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