Flip or Rental Property! Fort Worth, Texas

[Leo Lanza]

Address: GormanDr., FortWorth, Texas 76132

REHAB: None currently (all fully tenanted), but possibly $20-40K eventually for deferred maintenance.

Cost: $600,000 for all 4 duplexes (8 units)

Down payment: $10,000

Call Leo 817-783-4014

Description: These are four fully tenanted duplexes (one unit is in turnover currently) at $900/mo per 2/2 1097 sqft unit. The units are in varying condition, from "needs $5K in work" to "updated and rent ready", but at $900/mo, these are pretty low for the area, even for duplexes. With low vacancy and a total gross monthly income of $7200/mo, these things are quite the cashflow machines!