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Cashflowing Downtown Austin Quadplex $610k

3003 Parker Ln, Austin
ROI
17.64% IRR
Strategy
Long Term Rental
Austin quadplex in great location close to down town, St Edwards University, and the airport. Fully occupied. Tenants paying $5250 per month. This is one of the first cashflowing quads we’ve seen in the Austin market in several months! Current rents are $1350, $1300, $1300, $1300 and leases expire at various times between Sept '24 and Jul '25. Househackers, buy/hold investors, and value-add investors take note! Taxes 9410.

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Cashflowing Downtown Austin Quadplex $610k

Listed 07/09/2024

3003 Parker Ln, Austin

Purchase Price:$610,000

Cash Outlay:$164,700

Cashflow:$564/mo

Cap Rate:8.53%

IRR:17.64%

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