7 Bed, 3 Bath Triplex
Turnkey Rental
We purchased this 7 bedroom, 3 bathroom duplex — 3 bed, 1 Bath + 2 bed, 1 Bath + 2 bed, 1 Bath — in September 2025 for $202,000. This is a turnkey rental that already had tenants occupying all units when we bought it. The rents for 2 units are very low so we are in the process of increasing rents to market-rate. We partnered with an investor to execute this deal.
Financials
Purchase price: $202,000
Repairs: $700
Cash Invested: $62,200
Current Cash-on-cash return: 6%
Projected Cash-on-cash return: 13%