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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.

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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%

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