🚫 We are no longer accepting BRRRR, Fix/Flip, or Wholesale clients

40-Unit Cash Cow Just Came Back to Market

198 Tupelo St, Pittsburg
ROI
22.52% IRR
Strategy
Long Term Rental
40-unit cash cow just came back to market. Listed at $2.46M with a motivated seller, current rents at 90% occupancy are over $27k/mo. (6) 3-beds, (10) 2-beds, and (24) 1-bed units. On-site coin laundry, leasing office, common area with playground and park benches. Excellent cash flow with an 8.32% cap rate and 7.25% cocr.

Enter your email to download the proforma

< Back to Daily Deals

40-Unit Cash Cow Just Came Back to Market

Listed 01/09/2024

198 Tupelo St, Pittsburg

Purchase Price:$2,300,000

Cash Outlay:$736,000

Cashflow:$4,447/mo

Cap Rate:8.32%

IRR:22.52%

Talk to an analyst about this property

Get a response in less than 24 hours.
Message

See other properties
Updated Today

Short Term Rental

Updated 4 Bed STR with a Pool Near Downtown, Airport, and Military Bases

541 Fenwick Dr, Windcrest

Purchase Price:$374,000

Cash Outlay:$110,980

Cashflow:$1,447/mo

Cap Rate:10.16%

IRR:25.94%

Updated Today

Long Term Rental

Occupied Duplex Near Beacon Hill

816 W Olmos Dr, San Antonio

Purchase Price:$279,900

Cash Outlay:$75,573

Cashflow:$203/mo

Cap Rate:6.72%

IRR:20.12%

Updated Today

Short Term Rental

Updated Pool Home in Northern San Antonio by the Airport

3345 Green Spring Dr, San Antonio

Purchase Price:$465,000

Cash Outlay:$125,550

Cashflow:$1,316/mo

Cap Rate:9.20%

IRR:30.17%

Updated Today

Mid Term Rental

2019 Built Duplex Near Military Bases and Airport

6934 Lakeview Dr, San Antonio

Purchase Price:$420,000

Cash Outlay:$133,400

Cashflow:$447/mo

Cap Rate:6.81%

IRR:18.80%

Updated Today

Mid Term Rental

New Construction Townhome-Style Quadplex Next to Lackland AFB

8402 Via Verona, San Antonio

Purchase Price:$959,000

Cash Outlay:$298,930

Cashflow:$1,735/mo

Cap Rate:6.21%

IRR:21.86%

Rent By The Room

Rare Student Housing Deal in Prairie View

23467 & 23469 High Point St, Prairie View

Purchase Price:$335,000

Cash Outlay:$95,450

Cashflow:$1,349/mo

Cap Rate:10.45%

IRR:35.17%