FREE book: The Book on Texas Real Estate Investing — download now

Underpriced Duplex 1 Mile From St Davids with $625-650k FMV

807 Ramble Ln, Austin
ROI
18.59% IRR
Strategy
Mid Term Rental
Underpriced duplex 1 mile from St Davids with $625-650k FMV. One 2 bed/1bath and one 3bed/1.5bath 1,895 sq ft duplex built in 1978 with one 2bd/1ba unit and one 3bd/1.5ba unit. 3 bed unit needs cosmetic updates. Both currently occupied with leases expiring in June and July 2023, well below market rent at $1215/mo and 1350/mo.

Enter your email to download the proforma

< Back to Daily Deals

Underpriced Duplex 1 Mile From St Davids with $625-650k FMV

Listed 06/21/2023

807 Ramble Ln, Austin

Purchase Price:$535,000

Cash Outlay:$164,450

Cashflow:$87/mo

Cap Rate:5.85%

IRR:18.59%

Talk to an agent about this property

Get a response in less than 24 hours.
Message

See other properties

Long Term Rental

Houston Turnkey Rental Above 1% Rule | $130K

5818 Glenhurst Dr, Houston

Purchase Price:$130,000

Cash Outlay:$35,100

Cashflow:$429/mo

Cap Rate:9.79%

IRR:30.01%

Long Term Rental

Denison Fully Occupied Quad Producing $4,175/mo | $385K

120 E Monterey St, Denison

Purchase Price:$385,000

Cash Outlay:$103,950

Cashflow:$565/mo

Cap Rate:7.60%

IRR:19.38%

Long Term Rental

San Antonio Fourplex With Path to $9,650/mo | $720K

1535 W Laurel, San Antonio

Purchase Price:$720,000

Cash Outlay:$194,400

Cashflow:$934/mo

Cap Rate:7.39%

IRR:18.38%

Long Term Rental

Houston Open Concept Living with Split Floorplan | $275K

32239 Cedar Crest Dr, Waller

Purchase Price:$275,000

Cash Outlay:$74,250

Cashflow:$43/mo

Cap Rate:5.21%

IRR:10.93%

Long Term Rental

Houston Luxurious Home in Vibrant Enclave | $366K

5416 Robusto Pl, Houston

Purchase Price:$366,000

Cash Outlay:$98,820

Cashflow:$121/mo

Cap Rate:5.79%

IRR:12.32%

Short Term Rental

Allen Active Airbnb OR LTR Pool Home | $420K

902 N Allen Heights Dr, Allen

Purchase Price:$420,000

Cash Outlay:$113,400

Cashflow:$488/mo

Cap Rate:7.23%

IRR:18.88%