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Cashflow Quadplex with 1% Rule Potential in Killeen

1710 Old Fm 440 Rd, Killeen
ROI
18.74% IRR
Strategy
Long Term Rental
Cashflow quadplex with 1% Rule potential in Killeen. Fully leased for $3050/mo with 2 mtm tenants and 2 expiring in August. Market rents $3600/mo. 3,544 sq ft quadplex with 2 bed, 1.5 bath units built in 1999. Fully occupied with 2 units month-to-month at $750 & $800/mo, and 2 units leased through August 2023 for $750/mo. Market rents $850-900/mo, hitting the 1% rule.

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Cashflow Quadplex with 1% Rule Potential in Killeen

Listed 06/28/2023

1710 Old Fm 440 Rd, Killeen

Purchase Price:$350,000

Cash Outlay:$94,500

Cashflow:$349/mo

Cap Rate:7.04%

IRR:18.74%

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