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Value-Add Pair of Fourplexes in Third Ward with Excellent Cashflow Potential

3713-3715 St Charles St, Houston
ROI
20.30% IRR
Strategy
Long Term Rental
Value-add pair of fourplexes in Third Ward with excellent cashflow potential. All 2 bed units, built in 1945 and needing rehab with ARV $1-1.1M.

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Value-Add Pair of Fourplexes in Third Ward with Excellent Cashflow Potential

Listed 04/20/2023

3713-3715 St Charles St, Houston

Purchase Price:$695,000

Cash Outlay:$347,650

Cashflow:$1,489/mo

Cap Rate:7.34%

IRR:20.30%

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