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2019 Built Fourplex Close to Airport, Hospital, and Freeways

21155 Gosling Rd #49, Spring
ROI
20.71% IRR
Strategy
Mid Term Rental
2019 built fourplex close to airport, hospital, and freeways. All 3 bed upgraded units, with an HOA that covers exterior maintenance, insurance, water, trash. 2019 built fourplex with 1651 sq ft, 3 beds, 2.5 baths per unit. Upgraded interior including stainless appliances, granite counters, LVP floors. Two units are currently occupied at $1695/mo, one is m-t-m and one expires 7/31/2023.

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2019 Built Fourplex Close to Airport, Hospital, and Freeways

Listed 05/09/2023

21155 Gosling Rd #49, Spring

Purchase Price:$849,000

Cash Outlay:$261,230

Cashflow:$1,333/mo

Cap Rate:7.44%

IRR:20.71%

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