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An 5 package deal is dingy in Irving
This is a package deal of five duplexes, namely 10 Doors, in Irving, which is located in 20 minutes from Dallas on the way to the International Airport
Irving is a young city with high rental demand and a central location.
The properties are designated for rental.
Purchase Cost: $ 590,000
Total investment including renovation, commissions, approvals and related expenses: $ 994,300
Rental income: 10 * 1370 = $ 13,700 (ie 12.83%, after all expenses !!)
Value after sale: $ 1,200,000
Profit after sale (after sales and maintenance expenses): $ 115,700 (21%)
The houses before renovation and right now each side is 1 \ 2, we will turn them into three rooms and one toilet.
The total area of each duplex is: 1,850 sqft
The total area of assets is between: 10,000-11,000 sqft
At the moment before the renovation of the properties are given rent between: $ 550-650
After the sale it will be possible to sell any duplex or semi-duplex separately
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