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Cashflowing Triplex Near Military Base $300k

900-910 S 15th St, Copperas Cove

ROI

20.72% IRR

Strategy

Long Term Rental

2 of the 3 units are occupied. Tenants pay all utilities. Each unit is a large 1000 sq 300,000.00ft 3 bed 2 bath layout. Rental comps in the area are $950 per door. Current tenants pay $885 and $850. The third unit is pictured in the link below and ready for a new tenant or househacker. Taxes $3957.

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Cashflowing Triplex Near Military Base $300k

Listed 09/09/2024

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900-910 S 15th St, Copperas Cove

Purchase Price:$300,000

Cash Outlay:$81,000

Cashflow:$435/mo

Cap Rate:9.28%

IRR:20.72%

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