Sale Price: $78,500

Available

Property Style: Property Features:
Year Built: 1950
Central Air
Deck
Patio
Porch
Finished Sq Ft: 1,644
Basement: Finished Basement
Parking: 0 Car
Owner / Agent:


Multi-Family (5 Beds 2 Baths) Cash cow Duplex at 16% cap rate.
3 bedroom one bath on east side and 2 bedroom one bath with a basement on west side. Currently with long term tenants who wants to continue living at the house. Comes with a nice size yard. New subdivision across the street. Nearby schools include Spring Branch Elementary School, Pioneer Ridge Middle School and Bingham Middle School. PRICE $78,500.00 Rehab $1,000.00 Total investment $79,500.00 EVERYTHING IS MONTHLY Monthly Est rent $1,400.00 Monthly tax expenses from county records $102.54 Monthly insurance expenses $95.00 Monthly mgt expenses (10% of rent) $140.00 Monthly rent after expenses $1,062.5 x 12 = $12,750 CAP RATE / RETURN 16.04%