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Value-Add Quadruplex Under $250k Just Outside Dallas

827 S Crockett St, Sherman
ROI
19.08% IRR
Strategy
Value-Add Long Term Rental
Value-add quadplex with rents significantly below market plus utilities being paid by owner. Cosmetic updates to command market rents, plus utility charges to tenants, will make this a great cashflowing property with forced appreciation. ARV $350-375k.

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Value-Add Quadruplex Under $250k Just Outside Dallas

Listed 02/10/2023

827 S Crockett St, Sherman

Purchase Price:$239,000

Cash Outlay:$104,530

Cashflow:$729/mo

Cap Rate:7.88%

IRR:19.08%

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