FREE book: The Book on Texas Real Estate Investing — download now

Value-Add Duplex Hitting the 1% Rule in East Dallas

9575 Gonzales Dr, Dallas
ROI
16.51% IRR
Strategy
Long Term Rental
Value-add duplex hitting the 1% rule in east Dallas. Currently leased for $2750/mo, market rents on updated units $3200/mo. Roof and HVAC both less than 6 years old. Being sold as-is.

Enter your email to download the proforma

< Back to Daily Deals

Value-Add Duplex Hitting the 1% Rule in East Dallas

Listed 11/01/2023

9575 Gonzales Dr, Dallas

Purchase Price:$285,000

Cash Outlay:$101,950

Cashflow:$268/mo

Cap Rate:6.98%

IRR:16.51%

Talk to an agent about this property

Get a response in less than 24 hours.
Message

See other properties

Short Term Rental

DFW STR Little Elm Fully Furnished High Income Off Market $475k

1013 Lake Trail Dr, Little Elm

Purchase Price:$475,000

Cash Outlay:$128,250

Cashflow:$1,231/mo

Cap Rate:8.95%

IRR:25.91%

Long Term Rental

Baytown Turnkey Duplex 1% Rule Fully Leased $310k

215 Stimpson St, Baytown

Purchase Price:$310,000

Cash Outlay:$83,700

Cashflow:$344/mo

Cap Rate:7.17%

IRR:17.29%

Long Term Rental

North Dallas Duplex Walk In Equity Near 1% Rule $340k

3515 & 3519 Lillie St, Sachse

Purchase Price:$340,000

Cash Outlay:$91,800

Cashflow:$235/mo

Cap Rate:6.67%

IRR:14.86%

Long Term Rental

San Antonio 4 Unit 1% Rule Lease Up Opportunity $385k

7575 Windsor Oaks, San Antonio

Purchase Price:$385,000

Cash Outlay:$103,950

Cashflow:$396/mo

Cap Rate:7.07%

IRR:16.82%

Long Term Rental

DFW SFR $2,600/mo 24 Month Lease + $20K Upfront Rent $340K

9345 Comanche Ridge Dr, Fort Worth

Purchase Price:$340,000

Cash Outlay:$91,800

Cashflow:$164/mo

Cap Rate:6.42%

IRR:14.30%

Long Term Rental

Austin Metro Quadplex $5,400/mo Above 1% Rule Near Austin $490k

20700 Bonanza St, Leander

Purchase Price:$490,000

Cash Outlay:$132,300

Cashflow:$1,201/mo

Cap Rate:8.78%

IRR:25.10%