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Value-Add Cashflow Duplex in Balch Springs

13032 Quail Dr, Balch Springs
ROI
20.50% IRR
Strategy
Long Term Rental
Value-add cashflow duplex in Balch Springs. C grade location. Lease rates are $1500-1600 per door with tenants paying their own utilities. It will likely need a new roof and there are a variety of maintenance items needed. Excellent 1% Rule deal for a local investor, with offers due by Wednesday.

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Value-Add Cashflow Duplex in Balch Springs

Listed 01/16/2024

13032 Quail Dr, Balch Springs

Purchase Price:$300,000

Cash Outlay:$106,000

Cashflow:$464/mo

Cap Rate:7.11%

IRR:20.50%

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