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Positive Cashflow New Build DFW Triplex 4405 Clovis Ct 3 Unit Apartment Building $1,360,320 CAD ($453,440 CAD/Unit) 6.07% Cap Rate Midlothian, TX 76065
INVESTMENT HIGHLIGHTS
- 5.25% financing when using preferred Lender for a limited time!
- Proven rents $2,525 based on nearby units
- Completion by October 30, 2025
- Professional Property Management at 5%
- Each Unit is 1838s with 3 bedrooms, 2.5 baths and 2 car garage
EXECUTIVE SUMMARY
PRIME investment opportunity: 5.25% financing when using preferred Lender for a limited time! Turnkey Cashflowing Class-A new construction luxury Triplex on acre lots with LOW property taxes in scorching hot DFW market. This triplex features three 1838sf units with 3 bedrooms, 2.5 baths and 2 car garage. Each unit has a covered patio and a fenced in back yard. Triplex is under construction with estimated completion December 15 2025. Edgewood Estates is located in Midlothian Texas, and it is zoned to good Waxahachie ISD. Midlothian is just a short 30 min drive to Downtown Dallas and Fort Worth. Also, this project is within a short 8-10 min drive to Methodist Midlothian Health, Waxahachie’s Baylor Scott and White as well as to Midlothian and Waxahachie’s retail and dining. Proven rents of $2,525 per mo. Easy commute to major employers. Professional property management in place at a great rate of 5%. Hurry - this won't last!
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$126,824
|
$23.00
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$3,805
|
$0.69
|
| Effective Gross Income |
$123,019
|
$22.31
|
| Taxes |
$20,691
|
$3.75
|
| Operating Expenses |
$19,702
|
$3.57
|
| Total Expenses |
$40,392
|
$7.33
|
| Net Operating Income |
$82,627
|
$14.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $126,824 |
| Annual Per SF | $23.00 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $3,805 |
| Annual Per SF | $0.69 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $123,019 |
| Annual Per SF | $22.31 |
| Taxes (CAD) | |
|---|---|
| Annual | $20,691 |
| Annual Per SF | $3.75 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $19,702 |
| Annual Per SF | $3.57 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $40,392 |
| Annual Per SF | $7.33 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $82,627 |
| Annual Per SF | $14.99 |
PROPERTY FACTS
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2.5 | 2 | $3,523 CAD | 1,838 |
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PROPERTY TAXES
| Parcel Number | 183202 | Total Assessment | $3,088,920 CAD |
| Land Assessment | $429,231 CAD | Annual Taxes | $20,691 CAD ($3.75 CAD/SF) |
| Improvements Assessment | $2,659,689 CAD | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
183202
Land Assessment
$429,231 CAD
Improvements Assessment
$2,659,689 CAD
Total Assessment
$3,088,920 CAD
Annual Taxes
$20,691 CAD ($3.75 CAD/SF)
Tax Year
2025
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Positive Cashflow New Build DFW Triplex | 4405 Clovis Ct
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