4 duplexes - 2018-2019 builds. North DFW in Sanger (15 minutes north of Denton). Great location off I-35. Fast growing area. Newer build duplexes requiring less maintenance.
Each duplex is 3 beds, 2.5 baths, 2 car garage. Each unit rented out at $1,600 (kept low during Covid). Market is $1,700.
Price per duplex is $420,000
Sample financials below....
Purchase 0f $420,000
25% Down - $105,000
Taxes - 2.3% - $9,550 (off $420,000 purchase price)
Insurance - $1,500 annual
Monthly Expense & HOA - $200
Rents of $3,200 per month ($1600 per unit)
Based on above, approximate cash flow would be $6,580 annual ($548 per month).
Email if interested.
