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1% Rule Quadplex in Pasadena

510 Munger St, Pasadena
ROI
18.72% IRR
Strategy
Long Term Rental
1% Rule quadplex in Pasadena. Duplex with 2 detached ADU's on property, plenty of parking. Strong cashflow close to refineries and ports, less than 15 minutes to downtown Houston.

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1% Rule Quadplex in Pasadena

Listed 04/15/2024

510 Munger St, Pasadena

Purchase Price:$300,000

Cash Outlay:$81,000

Cashflow:$298/mo

Cap Rate:7.04%

IRR:18.72%

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