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Quadplex Hitting The 1% Rule $375k

4806 Rainbow Cir, Killeen
ROI
19.70% IRR
Strategy
Long Term Rental
Killeen quadplex with 3 of 4 units leased. Current rent is 950, 950, 995. The 4th unit is vacant and ready for tenants. This is a turnkey, very low vacancy deal, throwing off solid cashflow and hitting the 1% rule. Taxes $6476.

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Quadplex Hitting The 1% Rule $375k

Listed 11/22/2024

4806 Rainbow Cir, Killeen

Purchase Price:$375,000

Cash Outlay:$101,250

Cashflow:$589/mo

Cap Rate:7.72%

IRR:19.70%

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