Cash Flow Duplex

3305 Las Vegas Trail, Fort Worth, TX 76116

$225,000 After Repair Value -
$179,900 Asking Price -
$10,000 Cost of Repairs =
$35,100 Potential Profit

Property Details

Asking Price $179,900

After Repair Value $225,000

Costs of Repairs $10,000

Potential Profit $35,100

Living Area 2745 ft2

Property Type Duplex

Bedrooms 4

Bathrooms 4

Half Bathrooms 0

Parking 0

Listed with Agent No

Property Description

Completely off-market duplex in Ft Worth. Super solid sold comps all over 200k and lot of rent comps showing 1150 a side in rent.

Each side is currently renting at 850 a month with tenants paying utilities. One side is mth to mth and the other is on a 2 year lease.

The property will need a new roof but doesn\'t leak per seller. So investor choice on when to replace. Other than that its in good shape and needs general cleanup inside.

Does sit on a bit busier rode and sides to a nice looking daycare. This duplex easily sells - if listed on MLS in current condition. So chance to flip it if you choose or keep as a long term rental with one side below market rent but still leased already for 2 years

Cost: 179,900
Rehab: 15-20k
NPO: 225,000

Market rents: 1150 a side

Repairs Needed

Will provide bids upon request.


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