A modern duplex build model designed for repeatable cash flow.

Fircrest is a side-by-side duplex concept built for long-term rental performance. Clean architecture, durable finishes, and a repeatable process make this an ideal build-to-rent opportunity for aligned partners.

Operator-first design Low-maintenance exterior, efficient layouts, tenant-proven appeal.

Aligned sponsor, builder & operator Clear roles, transparent execution, disciplined capital deployment.

Northwest Indiana focus Infill-friendly markets with strong rental demand and scale potential.

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Receive the full overview, build assumptions, and current project structure. This opportunity is intended for serious, long-term partners.

Repeatable Standardized plans & specs

Midwest BTR Durable, cash-flow driven

Local Execution NW Indiana markets

Aligned Roles Sponsor • Builder • Operator

Fircrest Duplex Investment Opportunity

A new-construction BRRRR duplex in Portage, Indiana — designed for high mid-term rental income and strong refinance potential. Two 3-bedroom, 2-bath units totaling 3,000 sq ft.

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Project Snapshot

Key details for the Fircrest Duplex development in Portage, IN.

Location: Portage, IN 46368
Total Size: 3,000 sq ft
Unit Layout: 3BR / 2BA per unit
Land Cost: $35,000
Build Cost: $480,000
Soft Costs + Contingency: $80,000
Total Project Cost: $595,000
Partnership Split: 60% Investor / 40% PRV

Financial Highlights

Underwritten ARV: $660,000-$720,000

Refinance @ 80% LTV: $480,000

Cash Left in Deal: ~ $115,000

MTR Annual Cash Flow: ~$18,544

Investor Cash Flow (60%): ~$11,126/yr

Rental Performance

The Fircrest Duplex performs well as a long-term rental and significantly stronger as a mid-term rental (MTR).

Long-Term Rental (LTR)

Rent per Unit: $2,550/mo

Total Rent: $5,100/mo

Annual Cash Flow: ~$3,988

Cash-on-Cash: ~3.4%

Mid-Term Rental (MTR)

Rent per Unit: $3,500/mo

Total Rent: $7,000/mo

Annual Cash Flow: ~$18,544

Cash-on-Cash: ~16.1%

Investor Returns & Partnership Structure

Investors participate in equity and cash flow through a simple, transparent 60/40 structure.

Investor receives 60% equity and 60% of annual cash flow.
PRV manages development, construction oversight, tenant placement, and rental operations.
Refinance proceeds return most investor capital while keeping ownership and cash flow.

Investor Cash Flow Example

Total Cash Flow (MTR): ~$18,544/yr

Investor Share (60%): ~$11,126/yr

Capital Left in Deal: ~$115,000

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Submit your info below to receive underwriting, financials, and partnership details.

Fircrest Duplex Development

Portage, Indiana — New Construction Duplex Investment Opportunity

Status: Pre-Construction

Type: New Build Duplex (3 Bed / 2 Bath Per Unit)

Estimated Completion: Q2 2026

Strategy: Build-to-Rent (LTR or MTR-Ready)

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