🚫 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 analyst about this property

Get a response in less than 24 hours.
Message

See other properties

Mid Term Rental

2021 Quadplex Near Methodist Hospital Off I-35

6427 Luglio Ln, San Antonio

Purchase Price:$950,000

Cash Outlay:$296,500

Cashflow:$1,830/mo

Cap Rate:7.81%

IRR:22.60%

Short Term Rental

Quadplex in a Prime Location with a Low Purchase Price

8607 Putnam Dr, Austin

Purchase Price:$699,000

Cash Outlay:$228,730

Cashflow:$3,800/mo

Cap Rate:11.76%

IRR:38.19%

Mid Term Rental

Value-Add Off Market MTR in Georgetown

409 Debora Dr, Georgetown

Purchase Price:$375,000

Cash Outlay:$131,250

Cashflow:$51/mo

Cap Rate:5.73%

IRR:17.35%

Long Term Rental

Northside 1% Rule Fourplex in Houston

2131 Cromwell St, Houston

Purchase Price:$349,000

Cash Outlay:$111,600

Cashflow:$674/mo

Cap Rate:8.32%

IRR:22.53%

Long Term Rental

Pair of Off-Market 1% Rule Quadplexes

13713 Duncum St, Houston

Purchase Price:$580,000

Cash Outlay:$147,900

Cashflow:$604/mo

Cap Rate:7.35%

IRR:22.56%

Mid Term Rental

2006 Built Duplex Close to Medical District and Univ of Houston

4629 Phlox St, Houston

Purchase Price:$410,000

Cash Outlay:$140,700

Cashflow:$1,053/mo

Cap Rate:8.44%

IRR:23.32%