🚫 We are no longer accepting BRRRR, Fix/Flip, or Wholesale clients

Value-add 1% Rule duplex in the heart of Arlington

427 Claire Ct, Arlington
ROI
19.46% IRR
Strategy
Long Term Rental
Value-add 1% Rule duplex in the heart of Arlington. Great entry price with $330k ARV. Long-term tenants (15+ years) well below market rent, with cosmetic updates needed to increase. Centrally located between Six Flags, AT&T Stadium, Medical City, TWU, and Fort Worth. 1,870 sq ft duplex with 2 beds, 1 bath per side. Built in 1980. Both sides currently occupied on 6-month leases at $900/mo, with tenants in place for 15+ years. Cosmetic value-add needed (floors, paint, counters, cabinets).

Enter your email to download the proforma

< Back to Daily Deals

Value-add 1% Rule duplex in the heart of Arlington

Listed 07/07/2023

427 Claire Ct, Arlington

Purchase Price:$270,000

Cash Outlay:$92,900

Cashflow:$204/mo

Cap Rate:6.30%

IRR:19.46%

Talk to an agent about this property

Get a response in less than 24 hours.
Message

See other properties

Short Term Rental

Houston 4 Bed + Pool SFR $260k

7062 Windy Pines Dr, Spring

Purchase Price:$255,000

Cash Outlay:$68,850

Cashflow:$176/mo

Cap Rate:6.63%

IRR:14.72%

Long Term Rental

Houston Single Family Rental $270k

1903 Ryansbrook Ln, Spring

Purchase Price:$270,000

Cash Outlay:$72,900

Cashflow:$83/mo

Cap Rate:5.47%

IRR:11.83%

Long Term Rental

DFW Cashflowing Duplex $290k

2316 Meadow Ln, Mesquite

Purchase Price:$290,000

Cash Outlay:$78,300

Cashflow:$145/mo

Cap Rate:6.43%

IRR:13.65%

Mid Term Rental

Houston Duplex Near Medical Center $390k

8115 Marcy Dr #A/B, Houston

Purchase Price:$390,000

Cash Outlay:$105,030

Cashflow:$94/mo

Cap Rate:6.12%

IRR:12.18%

Long Term Rental

DFW Cashflowing Duplex $500k

801-803 S 6th St, Garland

Purchase Price:$500,000

Cash Outlay:$135,000

Cashflow:$763/mo

Cap Rate:7.67%

IRR:19.45%

Short Term Rental

New Braunfels 1% Rule SFR $195k

3517 Naumann Way, New Braunfels

Purchase Price:$195,000

Cash Outlay:$52,650

Cashflow:$105/mo

Cap Rate:6.47%

IRR:13.84%