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1% Rule Cashflow Quadplex with 3 Occupied Units

1306 Monroe Loop, Killeen
ROI
18.97% IRR
Strategy
Long Term Rental
1% Rule cashflow quadplex with 3 occupied units. Updated with new floors, paint and 30-year roof. All 2 bed, 1.5 bath units leased for $825-895/mo expiring April-June 2024. Market rents $1000/mo. One vacant unit so this one can be bought by a househacker using FHA or VA.

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1% Rule Cashflow Quadplex with 3 Occupied Units

Listed 02/16/2024

1306 Monroe Loop, Killeen

Purchase Price:$389,000

Cash Outlay:$105,030

Cashflow:$408/mo

Cap Rate:7.11%

IRR:18.97%

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