3 Duplexes in Dallas 75227 Fully Tenanted! 12-16% CAP

[Josh Winkler]

I have three fully tenanted duplexes in Dallas right near Military/St. Augustine Rd. These are "C" properties--all units are in need of some sprucing up/wear/tear repairs, but much of this can be deferred since they are all currently tenanted.

Price: $130,000

Rehab: $5-20K depending on whether or not you want to "spruce it up", or "make new".

Rents: $1400/mo. (currently) $850-900/mo. (market--can provide comps in the same neighborhood)

Expenses: Taxes: $2000/yr, maintenance and property management at your own determination. All units separately metered with tenants paying utilities.

Pics: https://www.dropbox.com/sh/djjivj5v5n9ct6k/AADEPaXg-JrqjEiS3VM7tmKga?dl=0