#1 -N. Fort Worth Duplex | $299k
Assumptions: 5% down - 2% cc - 30yr term.
Pro-forma
Cash to Close | $21,000 |
Monthly Payment | $2,440 |
Income | $2,250 |
Income | $1,450 |
Income (moved-out) | $2,900 |
YR 5 Equity Position | $83,000 |
Fully updated Northside Fort Worth duplex: Roughly ~$586/mo net cost to live there with one side rented, and cash-flow positive once you move out. One unit already yields market rent at $1,450, and the 3-bed layouts make a roommate setup realistic for pushing your cost SUPE LOW..
#2 - Denton SFH + ADU | $499k
Assumptions: 5% down - 2% cc - 30yr term.
Pro-forma
Cash to Close | $35,000 |
Monthly Payment | $3,850 |
Income | $3,000 |
Income | $na |
Income (moved-out) | $4,500 |
YR 5 Equity Position | $138,000 |
Fully updated SFH + ADU on a half-acre in a growing Denton pocket: roughly ~$1,594/mo net cost to live there assuming you live in the guest house and keep the $3k/mo tenant in the main house in, expect positive casg flow ~$216/mo, once fully rented. This is more of a longer-term primary-home play with solid equity upside and lower near-term maintenance risk thanks to the recent updates, big yard and in-law setup.
#3 - Midlothian Duplex| $500k
Assumptions: 5% down - 2% cc - 30yr term.
Pro-forma
Cash to Close | $38,000 |
Monthly Payment | $4,400 |
Income | $3,250 |
Income | $1,995 |
Income (moved-out) | $4,000 |
YR 5 Equity Position | $150,000 |
Larger, newer-built duplex in the path of southward DFW growth: Roughly ~$1,757/mo net cost to live there with one side rented + roommate, and still ~-$870/mo once fully rented after reserves. his is a long-term growth and quality play with lower CapEx risk thanks to the newer construction, not a deal you buy for near-term cash flow, instead long term equity-build.
More Deals I Like:
708 Seven Oaks Rd Unit 712
2019 duplex on a large .25acre corner lot with clean finishes and separate parking, positioned for Sherman and Denison growth spillover. One unit vacant, one leased at $1,100.309–311 Lilac Dr
Well-maintained Granbury duplex on 377 with major systems already replaced and one lease ending soon for owner-occupancy, positioned between Fort Worth/Benbrook’s westward growth and Granbury’s eastward expansion.2222 N Hickory St
Fully updated duplex in central Sherman with strong tenant demand and aggressive growth promise. I love the dual driveways, and two full baths per unit = prime roommate option on top of separate unit income. An easy affordable option to close and let time and tenants go to work for you.419 N Frances St
Simple SFH + ADU already producing $1,300a month-to-month lease. Flexible house-hack or hold.522 Griffith Ave
Turnkey SFH + ADU luxury remodel (for the asset-type) with strong tenant appeal. Flexible managament options to increase yield - popular STR and traveling professional MTR setup. I know of plenty of ADU’s not as nice as this one averaging $1900/mo (utilities typically included). Flood zone risk.
Until Tomorrow,
John