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.

Enter your email to download the proforma

Join our Daily Deal List - Single property

< Back to Daily Deals

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

Listed 09/05/2023

137 Montego Dr, Mesquite

Purchase Price:$395,000

Cash Outlay:$106,650

Cashflow:$350/mo

Cap Rate:7.51%

IRR:23.95%

Talk to an analyst about this property

Get a response in less than 24 hours.
Message

See other properties
Updated Today

Long Term Rental

Turnkey Duplex Built in 2022 with Solid Price:Rent Ratio and Rapid Development Nearby

5037 Van Fleet St #A/B, Houston

Purchase Price:$400,000

Cash Outlay:$128,000

Cashflow:$192/mo

Cap Rate:6.61%

IRR:16.89%

Updated Today

Long Term Rental

Cashflowing 5-Unit Complex Next to Lyndon B Johnson Hospital

5603 Pickfair St, Houston

Purchase Price:$500,000

Cash Outlay:$160,000

Cashflow:$468/mo

Cap Rate:7.43%

IRR:16.19%

Updated Today

Long Term Rental

Strong Cashflow 34-Unit Complex

2183 E Cherry St, Paris

Purchase Price:$1,900,000

Cash Outlay:$683,000

Cashflow:$4,281/mo

Cap Rate:8.65%

IRR:22.95%

Long Term Rental

Cashflow 6-Unit in Killeen Hitting 1% Rule

607 W Church Ave, Killeen

Purchase Price:$415,000

Cash Outlay:$132,800

Cashflow:$455/mo

Cap Rate:7.62%

IRR:19.28%

Long Term Rental

Renovated 1% Rule duplex in Killeen

1802 Fairview Dr, Killeen

Purchase Price:$215,000

Cash Outlay:$58,050

Cashflow:$131/mo

Cap Rate:7.19%

IRR:19.78%

Long Term Rental

Cashflow Quadplex in Killeen

1703 Spring Rose Cir, Killeen

Purchase Price:$350,000

Cash Outlay:$94,500

Cashflow:$245/mo

Cap Rate:7.30%

IRR:17.50%