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Updated almost 12 years ago,
New Multi-Family Opportunity In Texas City, TX (25%+ ROI)
We have a new multi-family opportunity available in Texas City, TX (greater Houston area) with the following details:
- 3 duplexes; all vacant.
- Package Price: $99,500.00
- Estimated Total Rehab: $9,000.00
- Total Gross Monthly Rent: $2,700
$2,700 x 12 = $32,400
Estimated Insurance: $1,000 x 3 = $3,000
Total Annual Taxes: $2,211.06
Net Annual Rent: $27,188.94
$27,188.94 / $108,500.00 investment = 25.06% ROI
I will be in and out of the office today, so your best bet would be to call me directly at 405-361-1341 if you have any interest in these properties.