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Turnkey and Cashflowing Houston Quadplex $560k

2526 Appian Way, New Caney
ROI
23.24% IRR
Strategy
Long Term Rental
Quadplex in excellent condition and fully occupied. Market rate rent is $1500 per door. Current tenants pay $1375 per door. Rent roll available. This is a good option for an out of state investor or someone looking for an easy-to-manage asset that will appreciate yearly and throw off consistent cashflow.

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Turnkey and Cashflowing Houston Quadplex $560k

Listed 06/25/2024

2526 Appian Way, New Caney

Purchase Price:$560,000

Cash Outlay:$151,200

Cashflow:$957/mo

Cap Rate:10.64%

IRR:23.24%

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