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Updated Duplex with Below Market Rents and Strong Cashflow Potential After Increases

137 Montego Dr, Mesquite
ROI
23.95% IRR
Strategy
Long Term Rental
Updated duplex with below market rents and strong cashflow potential after increases. 3 bed units with market rents $1750/mo for $350/mo in cash flow. Two half duplexes with combined 2,500sf and 3 beds, 2 baths per unit. Built in 2007. One unit vacant and one occupied through September at $1350/mo, market rents $1750/mo.

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Updated Duplex with Below Market Rents and Strong Cashflow Potential After Increases

Listed 10/06/2023

137 Montego Dr, Mesquite

Purchase Price:$395,000

Cash Outlay:$106,650

Cashflow:$350/mo

Cap Rate:7.51%

IRR:23.95%

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