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Fort Worth Duplex

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3/2 each side, 1150 sq. ft. per side, one level

Duplexes located in the North West part of Ft. Worth!

Small Investment = Huge Cash Flow! New Construction Duplex in Fort Worth has cash flow $344/mo with 20% down. Even if you borrow the 20% down from a home equity line of credit this property will still cash flow $182/mo.

Property Management in place. Brand new construction complete in 60 days. Only $3,000 earnest money deposit. Seller to pay first tenant placement fees.

This is an infill project meaning the duplexes are being built in existing neighborhoods. Fort Worth real estate is exploding with growth and is our favorite "Hidden Secret." Do not delay, only one left. Rental income of at least $1650 monthly. Seller will pay the placement fees on the first tenants.

Pictures include the duplex and the nearby town which is called the Stock Yards. It’s a big tourist spot. Great restaurants and famous for a big gun fight back in the day. The whole area is being renewed with old homes coming down and new homes being built.

Texas is one of the strongest real estate markets in the country and the Dallas/Ft. Worth area is one of the best in Texas.

80% Financing (80% 1st, 20% Cash):
Gross Rental Income $1650 ($825 per side)
80% Mortgage - 7.25% - 846
Taxes - 246
Insurance - 82
Management - 8% - 132
Monthly Cash Flow $ 344

Use your owner occupied home equity line of credit. A HELOC at 6% still cash flows:

90% Financing (80% 1st, 10% LOC, 10% Cash) = $259 Cash Flow
100% Financing (80% 1st, 20% LOC) = $182 Cash Flow

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Fort Worth Duplex