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John Pettit's profile image
John Pettit's profile image
John Pettit
  • NetWorth Distressed Real Estate Professional
  • from Plano, TX
  • Member since Apr 27, 2017

User Stats

77
Posts
1
Votes
John Pettit's profile image
John Pettit's profile image
John Pettit
  • NetWorth Distressed Real Estate Professional
  • from Plano, TX
  • Member since Apr 27, 2017
John Pettit
  • NetWorth Distressed Real Estate Professional
  • Plano, TX
1
Votes |
77
Posts
Classifieds

Off Market Duplex Grand Prairie, TX

John Pettit
  • NetWorth Distressed Real Estate Professional
  • Plano, TX
Posted

Off Market Duplex in the heart of Grand Prairie. Currently has great tenants and is renting well below current market value. Huge value add by increasing the rents 100-150 a month per side. At 700 a side the cap rate goes up to 13.5%!!!! One side has a new HVAC and the property overall is in great shape.

Price:120,000

Cap Rate: 13.5%

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