Fully Occupied 8-Unit 1% Rule in Killeen

1407 Bundrant Dr, Killeen
ROI
18.79% IRR
Strategy
Long Term Rental
Fully occupied 8-unit 1% Rule in Killeen. Four duplexes on one parcel, all 2 bed 1 bath units. 3 minutes from Fort Hood. Cashflow positive from day one with upside. Rent rolls available upon request. Set of four occupied duplexes on a single parcel. Lease rates $500-825/mo, with two month-to-month and all long-term leases expiring before 5/31/2024. Owner-paid water, potential value-add by billing to tenants on new leases.

Enter your email to download the proforma

Join our Daily Deal List - Single property

< Back to Daily Deals

Fully Occupied 8-Unit 1% Rule in Killeen

Listed 07/11/2023

1407 Bundrant Dr, Killeen

Purchase Price:$495,000

Cash Outlay:$158,400

Cashflow:$797/mo

Cap Rate:7.94%

IRR:18.79%

Talk to an analyst about this property

Get a response in less than 24 hours.
Message

See other properties

Short Term Rental

Updated 3 Bed STR Opportunity 15 Minutes from DFW Airport

7104 Oak Park Dr, Richland Hills

Purchase Price:$255,000

Cash Outlay:$69,850

Cashflow:$762/mo

Cap Rate:9.80%

IRR:24.76%

Long Term Rental

Fully Renovated 4 Bed with Potential ADU and Interest Rate Buydown

2942 Townsend Dr, Dallas

Purchase Price:$425,000

Cash Outlay:$114,750

Cashflow:$353/mo

Cap Rate:6.56%

IRR:20.78%

Long Term Rental

4 Bed SFH Asking $64k Below Appraised Value with Recent $80k Renovation

2202 Grove Dr, Round Rock

Purchase Price:$350,000

Cash Outlay:$94,500

Cashflow:$334/mo

Cap Rate:5.05%

IRR:18.57%

Long Term Rental

Turnkey Duplex Built in 2022 with Solid Price:Rent Ratio and Rapid Development Nearby

5037 Van Fleet St #A/B, Houston

Purchase Price:$400,000

Cash Outlay:$128,000

Cashflow:$192/mo

Cap Rate:6.61%

IRR:16.89%

Long Term Rental

Cashflowing 5-Unit Complex Next to Lyndon B Johnson Hospital

5603 Pickfair St, Houston

Purchase Price:$500,000

Cash Outlay:$160,000

Cashflow:$468/mo

Cap Rate:7.43%

IRR:16.19%

Long Term Rental

Strong Cashflow 34-Unit Complex

2183 E Cherry St, Paris

Purchase Price:$1,900,000

Cash Outlay:$683,000

Cashflow:$4,281/mo

Cap Rate:8.65%

IRR:22.95%