Updated about 1 month ago on . Most recent reply
Analysis: Houston Duplex near Med Center- cash flow &value add
wanted to share a quick analysis of a duplex in Houston for educational purposes:
Property Snapshot (public info):
2 units, 2/1 each → total 4/2
Price: $79K (cash only)
Rent: One unit $650/month, other unit could be rented with minimal work
Estimated NOI: $10,600–$13,900/year
Cap Rate: ~13–16% potential
⚠️ Property is currently under contract — this is my analysis / perspective based on public information.
Question for the community:
Would you pursue a duplex like this as a buy-and-hold or value-add?